The accounting cycle begins with preparing an unadjusted trial balance.
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Q43: Financial statements should be prepared before the
Q44: It is not necessary to post the
Q45: The last step of the accounting cycle
Q46: The most important output of the accounting
Q47: After analyzing transactions, the next step would
Q49: Current assets and current liabilities for
Q50: Current assets and current liabilities for
Q51: Any 12-month accounting period adopted by a
Q52: The current ratio is more useful than
Q53: The majority of businesses end their fiscal
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