The Proper Sequence of Steps in the Accounting Cycle Is

question 57

Multiple Choice

The proper sequence of steps in the accounting cycle is as follows

• A) analyze and record transactions, post transaction 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 finally 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:

Released

The act of making something available to the public or freeing something from confinement or obligation.

Hormones

Chemical messengers produced by the endocrine glands that regulate various bodily functions, including growth, metabolism, and mood.

By the Bloodstream

Refers to the process or means by which substances are transported throughout the body via the circulatory system.

Hormones Transported

The process by which hormones are moved through the bloodstream to target organs or cells in the body.