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Rearrange the following steps in the accounting cycle in proper sequence: a. A post-closing trial balance is prepared. b. Adjustment data are asssembled and analyzed.
Rearrange the following steps in the accounting cycle in proper sequence:
a. A post-closing trial balance is prepared. | |
b. Adjustment data are asssembled and analyzed. | |
c. Adjusting entries are journalized and posted to the ledger. | |
d. An adjusted trial balance is prepared. | |
e. An optional end-of-period spreadsheet is prepared. | |
f. An unadjusted trial balance is prepared. | |
g. Closing entries are journalized and posted to the ledger. | |
h. Financial statements are prepared. | |
i. Transactions are analyzed and recorded in the journal. | |
j. Transactions are posted to the ledger. |
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