Which of the following steps of the accounting cycle are in the correct order? a.prepare a...
Which of the following steps of the accounting cycle are in the correct order?
a.prepare a trial balance, make adjustments, prepare financial statements
b.prepare a trial balance, post to general ledger accounts, journalize adjusting and closing entries
c.prepare financial statements, make adjustments, prepare a trial balance
d.make adjustments, complete a work sheet, post to general ledger accounts
Homework Answers
| Option A | |
|
The correct order would be to prepare unadjusted trial balance, journalize the adjusting entries and then preparing financial statements. Comment if you face any issues |
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