Multiple Choice
Which one of the following is the last step in the accounting cycle?
A) analyze transactions
B) recording and posting adjustments
C) closing the accounts
D) preparing financial statements
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Match<br>-Land<br>A)Current Assets<br>B)Tangible Assets<br>C)Investments<br>D)Intangibles<br>E)Other<br>F)Current Liability<br>G)Long-Term Liability<br>H)Capital Stock<br>I)Retained Earnings<br>J)Item
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