In the Accounting Cycle, the Last Step Is

question 9

Multiple Choice

In the accounting cycle, the last step is

• A) preparing the financial statements
• B) journalizing and posting the adjusting entries
• C) preparing a post-closing trial balance
• D) journalizing and posting the closing entries

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Definitions:

Ethics Of War

A branch of ethics that explores the moral guidelines and principles that govern the conduct and justification of warfare.

International Law

A body of rules established by treaty or custom that is recognized and applied by nations in their relations with each other.

Security And Punishment

The relationship between maintaining order and safety and the administration of penalties for criminal activities.

Constitutional Rights

Rights granted and protected by a country's constitution, ensuring certain freedoms and protections to its citizens.