Which of the following steps in the accounting cycle would not generally be performed daily?
A) Journalize transactions
B) Post to ledger accounts
C) Prepare adjusting entries
D) Analyze business transactions

Question

Quizplus · Accepted Answer

Adjusting entries are typically made at the end of an accounting period, such as monthly or annually, and are not made on a daily basis.

Which of the Following Steps in the Accounting Cycle Would