What is step 6 in the preparation of financial statements? Preparing adjusted trial balance Analyzing trial balance /considering unrecorded transactions Preparing adjusting journal entries for accruals, prepaids, etc. Posting adjusting entries to general ledger What is step 5 in the preparation of financial statements? Preparing an unadjusted trial balance Posting adjusting entries to general ledger Analyzing trial balance /considering unrecorded transactions Preparing adjusting journal entries for accruals, prepaids, etc. What is step 8 in the preparation of financial statements? Preparing adjusted trial balance Preparing statement of retained earnings for the period Preparing income statement for the period Posting adjusting entries to general ledger Question 9 What is step 9 in the preparation of financial statements? Preparing income statement for the period Preparing statement of retained earnings for the period Posting entries to general ledger accounts Recording in the form of journal entries