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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 5: The Accounting Cycle Completed: Closing and Post-Closing Trial Balance
  5. Question
    The Final Step in the Accounting Cycle Is
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The Final Step in the Accounting Cycle Is

Question 11

Question 11

Multiple Choice

The final step in the accounting cycle is


A) preparing the post-closing trial balance.
B) preparing the financial statements.
C) journalizing the closing entries.
D) journalizing the adjusting entries.

Correct Answer:

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