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The Steps in the Accounting Cycle Are Shown Below

Question 162

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The steps in the accounting cycle are shown below. List them in the correct order in which they are completed:
Prepare adjusted trial balance
Post transactions
Prepare an unadjusted trial balance
Journalize transactions
Prepare the financial statements
Close the temporary accounts
Adjust the ledger accounts
Prepare a post-closing trial balance
Analyze transactions

Correct Answer:

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1) Analyze transactions
2) Journalize t...

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