QUESTION 1 Correctly Order the steps in the Accounting Cycle Post adjusting entries to the General Ledger Prepared the Closing Entries Identify a Transaction Post entries to the General Ledger Prepare the Balance Sheet Post the Costing Entries Record entries in the General Journal Run a Trial Balance Prepare a Post Closing Trial Balance Journal adjusting entries Prepared the Statement of Owner Equity Prepare and Adjusted Trial Balance Determine which accounts are needed for the entry Prepare the Income Statement