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The Steps in the Accounting Cycle Are Shown Below

Question 147

Short Answer

The steps in the accounting cycle are shown below. List them in the correct order in which they are completed:
Prepare adjusted trial balance
Post transactions
Prepare an unadjusted trial balance
Journalize transactions
Prepare the financial statements
Close the temporary accounts
Adjust the ledger accounts
Prepare a post-closing trial balance
Analyze transactions

Correct Answer:

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1) Analyze transactions
2) Journalize t...

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