Preparing the adjusted trial balance occurs immediately after which accounting cycle step? O Prepare the financial statements O Prepare the unadjusted trial balance Journalize and post adjusting entries O Journalize and post transaction entries When closing the books, all temporary account balances are closed and the amounts are transferred to which account? Total Assets Retained Earnings O Revenue Common Stock In the United States, the principles that govern financial accounting are called? O Generally Accepted Governmental Principles O Government Accounting Auditing Principles Generally Accepted Accounting Principles O Governmental Accepted Accounting Principles