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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    The First Step of the Accounting Cycle Is
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The First Step of the Accounting Cycle Is

Question 144

Question 144

Multiple Choice

The first step of the accounting cycle is


A) recording journal entries.
B) posting to the ledger.
C) preparing a trial balance.
D) analyzing business transactions.

Correct Answer:

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