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  3. Study Set
    Financial Accounting Study Set 2
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    Exam 3: The Accounting Cycle: The Mechanics of Accounting
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    Which of the Following Steps Is Normally First in the Accounting
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Which of the Following Steps Is Normally First in the Accounting

Question 54

Question 54

Multiple Choice

Which of the following steps is normally first in the accounting cycle?


A) Transactions are journalized.
B) Journal accounts are posted.
C) A trial balance is prepared.
D) Business documents are analyzed.

Correct Answer:

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