Multiple Choice
What is the correct order of the steps in the accounting cycle?
1) Entries are made in the journal
2) A business transaction occurs
3) A trial balance is prepared
4) Entries are made in the ledger
A) 2, 4, 1, 3
B) 2, 1, 4, 3
C) 3, 2, 1, 4
D) 2, 4, 3, 1.
Correct Answer:
Verified
Correct Answer:
Verified
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