QS 3-20 (Algo) Identifying the accounting cycle LO P6 List the following steps of the accounting cycle in their proper order. Steps 1. Record adjustments to bring account balances up to date. 2. Journalizing business events and transactions. b 3. Summarize adjusted ledger accounts and amounts in an adjusted trial balance. 4. Create the post-closing trial balance. 5. Use the adjusted trial balance to prepare financial statements. 6. Posting the debits and credits from the journal in the ledger. C 7. Journalize and post journal entries to close temporary accounts. 8. Summarize unadjusted ledger accounts and amounts in an unadjusted trial balance. 9. Analyzing business events and transactions. a Order Check my