13. Which of the following is the first step in the accounting cycle? a. financial statements are...

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13. Which of the following is the first step in the accounting cycle?

a. financial statements are prepared

b. a trial balance of accounts is prepared

c. journal entries are posted in the appropriate accounts

d. transactions are recorded in journals

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Business Finance

ISBN: 9780357532348

1st Edition

Authors: Les Dlabay, James L. Burrow

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