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    Financial and Managerial Accounting Study Set 3
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    Exam 2: Measurement Concepts: Recording Business Transactions
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    Which of the Following Is the Final Step in the Accounting
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Which of the Following Is the Final Step in the Accounting

Question 135

Question 135

Multiple Choice

Which of the following is the final step in the accounting cycle?


A) Prepare financial statements.
B) Close the accounts.
C) Prepare an adjusted trial balance.
D) Post the journal entries to the ledger.

Correct Answer:

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