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Sarah Has Just Completed Journalizing the Day's Entries in the General

Question 146

Multiple Choice

Sarah has just completed journalizing the day's entries in the general journal for her housecleaning business.The next step she must take in the accounting cycle will be


A) posting the journal entries to the ledger.
B) analyzing the day's transactions.
C) making adjustments in the journal.
D) preparing a trial balance.
E) closing the books and preparing financial statements.

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