Question: Brad Tyler is confused about how accounting information flows through the accounting system. He believes information flows in this order: (a) Debits and credits are

Brad Tyler is confused about how accounting information flows through the accounting system. He believes information flows in this order:
(a) Debits and credits are posted to the ledger.
(b) Accounting transaction occurs.
(c) Information is entered in the journal.
(d) Financial statements are prepared.
(e) Trial balance is prepared.
Indicate to Brad the proper flow of the information.

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