Multiple Choice
Which of the following depicts the proper sequence of steps in the accounting cycle?
A) Journalize the transactions, analyze business transactions, prepare a trial balance
B) Prepare a trial balance, prepare financial statements, prepare adjusting entries
C) Prepare a trial balance, prepare adjusting entries, prepare financial statements
D) Prepare a trial balance, post to ledger accounts, post adjusting entries
Correct Answer:
Verified
Correct Answer:
Verified
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