Which of the Following Correctly States the Proper Order of the Accounting

question 145

Multiple Choice

Which of the following correctly states the proper order of the accounting cycle?

• A)Record transactions,adjust accounts,close temporary accounts,prepare statements.
• B)Adjust accounts,record transactions,close temporary accounts,prepare statements.
• C)Record transactions,adjust accounts,prepare statements,close temporary accounts.
• D)Adjust accounts,prepare statements,record transactions,close temporary accounts.

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Definitions:

Unique Values

Distinct or non-repeating data points in a set, each representing a different piece of information.

Property Sheet

A property sheet is a user interface element that displays the properties of an object or item and allows users to edit those properties.

Duplicates

Items or records that have identical information in one or several fields, often requiring removal or consolidation in databases.

Navigation Pane

A user interface component that allows users to easily browse and access various areas or features within a software application or website.