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Which Is the Correct Sequence of the Following Steps in the Accounting

Question 7

Multiple Choice

Which is the correct sequence of the following steps in the accounting cycle?


A) Prepare journal entries,analyze transactions,prepare adjusted trial balance.
B) Prepare adjusted trial balance,prepare closing entries,and prepare financial statements.
C) Post adjusting journal entries,prepare adjusted trial balance,prepare financial statements.
D) Post closing entries,prepare financial statements,prepare adjusted trial balance.

Correct Answer:

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