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The following are the 13 steps in the accounting cycle in an incorrect order. Place a #1 next to the first step, #2 in the

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The following are the 13 steps in the accounting cycle in an incorrect order. Place a #1 next to the first step, #2 in the second, and so on. # Step Description Prepare a Statement of Stockholder's Equity Prepare a Post-closing Trial Balance Prepare a Balance Sheet Post the closing entries into accounts Record journalize) transactions in the Journal Record journalize closing entries in the Journal Prepare an Adjusted Trial Balance Prepare a Statement of Cash Flow Post transactions into the accounts Prepare an Income Statement Post adjusting entries into the accounts Prepare a Trial Balance Record journalize) adjusting entries in the Journal Name the three components of the fraud triangle. a. b. What is internal control? Name an important feature of a good internal control system. Complete a bank reconciliation and the necessary journal entries for the following company. On August 31, 2021, Bugs Company's cash Taccount shows a balance of $8,290. A deposit of $3,025 was recorded by Bugs, but the bank has not yet recorded it. Checks in the amount of $1,485 were written but have not cleared the bank. The Bank statement shows a balance of S11,620. The Bank statement also indicated service charges of $150. Bugs discovered a bank error of $5,320. That amount was supposed to be deposited into the Scrubs Co, account, but was placed in Bugs Co. account by mistake. Also, Bugs was notified by the bank that a customer's check for $300 was returned due to non-sufficient funds

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