Which of the Following Has Steps of the Accounting Cycle

question 45

Multiple Choice

Which of the following has steps of the accounting cycle in proper sequence (some steps may be missing) ?

• A) analyze and record transactions, post transactions to the ledger, prepare a trial balance, prepare financial statements, journalize closing entries, analyze adjustment data and prepare adjusting entries
• B) prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger
• C) analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger, and prepare a post-closing trial balance
• D) prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries

---

Definitions:

Parents

Primary caregivers and guardians responsible for raising and nurturing their offspring, playing a key role in their social and emotional development.

Family Values

A set of social and moral principles and beliefs considered by a society or group to be important for the welfare and cohesion of the family unit.

Functionalism

A sociological theoretical viewpoint that sees society as a complicated system with components that collaborate to foster cohesion and stability.

Social Order

The organized and patterned social arrangements which are maintained through social, legal, and political institutions to provide a sense of stability and predictability to societal members.