Multiple Choice
Which of the following correctly states the proper order of the accounting cycle?
A) Record transactions, adjust accounts, prepare statements, close temporary accounts.
B) Adjust accounts, record transactions, close temporary accounts, prepare statements.
C) Prepare statements, record transactions, close temporary accounts, adjust accounts.
D) Adjust accounts, prepare statements, record transactions, close temporary accounts.
Correct Answer:
Verified
Correct Answer:
Verified
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