Multiple Choice
What is the correct order in which the steps in the manual recording process occur?
I Record transactions in the journal
Ii Record adjusting entries
Iii Prepare financial statements
Iv Post transactions to the ledger
A) i, ii, iii, iv
B) iv, ii, i, iii
C) i, iv, iii, ii
D) i, iv, ii, iii
Correct Answer:
Verified
Correct Answer:
Verified
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