14. The proper sequence for the steps in the accounting cycle is a follows a. analyze and record transactions, post transaction to the ledger, prepare a trial balance prepare financial statements, journalize closing entries, analyze adjustment data and prepare adjusting entries prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger, analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries b. c. d. The following are steps in the accounting cycle. Of the following, which would be prepared last? a. b. c. d. 15. An adjusted trial balance is prepared. Transactions are posted to the ledger. An unadjusted trial balance is prepared. Adjusting entries are journalized and posted to the ledger