In Which Order Do These Steps in the Accounting Cycle

question 4

Multiple Choice

In which order do these steps in the accounting cycle occur?
I Prepare reversing entries
Ii Prepare financial statements
Iii Prepare closing entries
Iv Prepare an adjusted trial balance
V Prepare adjusting entries

• A) iii, v, i, iv, ii
• B) v, iii, iv, i, ii
• C) iv, iv, iii, ii, i
• D) v, iii, i, ii, iv