Which of the Following Statements Is True Concerning the Steps

question 83

Multiple Choice

Which of the following statements is true concerning the steps in the accounting cycle?

• A) Preparing a trial balance should be completed before recording business transactions into a journal.
• B) Journalizing and posting the closing entries should be completed after preparing financial statements.
• C) Completing the work sheet should be completed after preparing the financial statements.
• D) Preparing a post-closing trial balance should be completed before completing the work sheet.

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A positive reaction or reply to a query, proposal, or situation.

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Communication approach that involves stating the main point or request at the beginning, followed by supporting details.