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13 Which of the following statements about the accounting cycle is false? A) Posting is done after transactions have been analyzed B) Preparing the post-closing
13 Which of the following statements about the accounting cycle is false? A) Posting is done after transactions have been analyzed B) Preparing the post-closing trial balance is done after the temporary account have been closed C) Adjusting the accounts is done prior to preparing the adjusted trial balance D) Journalizing the transactions is performed before preparing the unadjusted trial balance E) Financial statements are prepared before preparing the adjusted trial balance
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