menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 13: Completion of the Accounting Cycle for a Merchandising Company
  5. Question
    Which of the Following Steps of the Accounting Cycle Comes
Solved

Which of the Following Steps of the Accounting Cycle Comes

Question 23

Question 23

Multiple Choice

Which of the following steps of the accounting cycle comes last?


A) Journalize and post adjusting entries
B) Journalize and post closing entries
C) Prepare financial statements
D) Post closing trial balance

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Income Summary, before closing to Capital, contains

Q19: Which of the following accounts will appear

Q20: Land is listed first under Plant and

Q21: A merchandise company's interest expense is a(n)<br>A)

Q22: Determine the ending Capital balance of a

Q24: Reversing entries help reduce potential errors and

Q25: Plant and Equipment is usually listed<br>A) in

Q26: Adjusting journal entries still need to be

Q27: The following accounts are on the

Q28: Not all adjusting entries are reversed.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines