Heading 4 List Para... 1 Normal 1 No Spac... Paragraph Styles KEVES September 2008 1. Prepare the necessary journal entry to record the purchase of S100 of supplies on account: 2. The steps in an accounting cycle can be best described as: a Journalize, Post, prepare Unadjusted trial balance, prepare financial statements. close b. Journalize, Post, prepare Unadjusted trial balance, prepare adjusting entries. prepare adjusted trial balance, prepare financial statements, close, prepare post closing trial balance c. Analyze Transactions, Journalize, Post, prepare Unadjusted trial balance, prepare adjusted trial balance, prepare financial statements, close, prepare post closing trial balance d. Analyze transactions, Journalize, Post, prepare Unadjusted trial balance, prepare adjusting entries, prepare adjusted trial balance, prepare financial statements. close, prepare post closing trial balance