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  3. Study Set
    College Accounting Study Set 2
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    Exam 3: Beginning the Accounting Cycle
  5. Question
    The First Step of the Accounting Cycle Is
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The First Step of the Accounting Cycle Is

Question 41

Question 41

Multiple Choice

The first step of the accounting cycle is:


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

Correct Answer:

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