The correct sequence of steps in the accounting cycle is to prepare the

A. (1) trial balance, (2) adjusting entries, (3) adjusted trial balance, and (4) financial statements. B. (1) adjusting entries, (2) adjusted trial balance, (3) financial statements, and (4) trial balance. C. (1) financial statements, (2) trial balance, (3) adjusting entries, and (4) adjusted trial balance. D. (1) adjusted trial balance, (2) financial statements, (3) adjusting entries, and (4) trial balance.