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After transactions are recoreded in the general journal, the next step in the accounting cycle is to......? Answers: 1) Prepaid adjusting journal entries 2)Prepare adjusted

After transactions are recoreded in the general journal, the next step in the accounting cycle is to......?

Answers:

1) Prepaid adjusting journal entries

2)Prepare adjusted trail balance

3) Prepare financial statements

4) Post transactions to the general ledger

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