The process that begins with analyzing transactions and ends with the preparation of a post-closing trial balance is called
A) the ﬁscal period.
B) the business cycle.
C) the accounting period.
D) the accounting cycle.

Question

Quizplus · Accepted Answer

The accounting cycle is the process that starts with analyzing and recording transactions and ends with the preparation of financial statements and a post-closing trial balance.

The Process That Begins with Analyzing Transactions and Ends with the Preparation