Test Question 3 ES 2 Points In the sequence of accounting cyce steps, which step follows the preparation of the adjusted trial balance? A Adjusting entries are journalized and posted. HVN B) The optional end-of-period spreadsheet is prepared. C) Financial statements are prepared. 22 GOK Bird D Closing entries are journalized and posted to the ledger a LOCK Bro Question 4 2 Points A business with highly seasonal operations may adopt a fiscal year that: 2 Ad | Acrob A ends when business activities have reached their highest point in its operating cycle. PE B corresponds to the calendar year. JZZP Note and when heinecchie has reached their livet mint in its navarino W 95 minutes remaining Lac Save and close 12 Submit Lost Soved 30:54 PM Type here to search