Question: The first step in preparing a work sheet is to (a) prepare the trial balance. (b) prepare the adjustments. (c) prepare the adjusted trial balance.

The first step in preparing a work sheet is to

(a) prepare the trial balance.

(b) prepare the adjustments.

(c) prepare the adjusted trial balance.

(d) extend the amounts from the Adjusted Trial Balance to the Income Statement and Balance Sheet columns.

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