Indicate which of the below is the correct steps, in sequential order, for the accounting cycle. 1 Transactions are posted to the ledger An unadjusted trial balance is prepared Transactions are analyzed and recorded in the journal 4. Adjusting entries are journalized and posted to the ledger 5 An adjusted trial balance is prepared 6 Closing entries are journalized and posted to the ledger 7. A post-closing trial balance is prepared 8 Financial statements are prepared O a 3. 1, 2, 7, 4, 1, 5, 8 ob. 1. 2. 3. 4. 5. 6. 7. 8 O c. 3.1.2. 4.5, 8. 6.7 O d. 1.3, 2. 5. 8. 7. 4.6