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3: What step of the accounting cycle involves analyzing balances and making adjustments? Answer: A. B. C. D. E. Step 1- financial transactions Step 2

3: What step of the accounting cycle involves analyzing balances and making adjustments? Answer: A. B. C. D. E. Step 1- financial transactions Step 2 - general journal Step 3 general ledger O Step 4-trial balance Step 5 financial statements

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