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Multiple-Choice Exercise 3-11 Which of the following is true regarding the accounting cycle? Oa. An adjusted trial balance is usually prepared after the accounts are

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Multiple-Choice Exercise 3-11 Which of the following is true regarding the accounting cycle? Oa. An adjusted trial balance is usually prepared after the accounts are closed. b. Journal entries are made prior to the transaction being analyzed. Oc. The cash account will always be af-fected by adjusting journal entries. d. The temporary accounts are closed after the financial statements are prepared. Oe. The accounts are adjusted after preparing the financial statements

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