Steps in the Accounting Cycle Rearrange the following steps in the accounting cycle in proper sequence: a. Transactions are analyzed and recorded in the journal. b: An unadjusted trial balance is prepared. c. Transactions are posted to the ledger. d. Adjustment data are assembled and analyzed e. An adjusted trial balance is prepared. f. Adjusting entries are journalized and posted to the ledger. g. An optional end-of-period spreadsheet is prepared. h. A post-closing trial balance is prepared. 9 7 8 : i. Financial statements are prepared. j. Closing entries are journalized and posted to the ledger. y Check MyWork The accounting cycle begins with analyzing, jounalizing and posting transactions, preparing an u journalized and posted next), then preparing an adjusted trial balance to use for financial stateme closing entries prior to preparing a post-clbsing trial balance. Check My Work 3 more Check My Work uses remaining All work saved