Question: =+EX 4-19 Post-closing trial balance obj. 3 Correct column totals, $175,000 Rearrange the following steps in the accounting cycle in proper sequence: a. An
=+EX 4-19 Post-closing trial balance obj. 3
✔ Correct column totals, $175,000 Rearrange the following steps in the accounting cycle in proper sequence:
a. An unadjusted trial balance is prepared.
b. Transactions are posted to the ledger.
c. Transactions are analyzed and recorded in the journal.
d. An optional end-of-period spreadsheet (work sheet) is prepared.
e. An adjusted trial balance is prepared.
f. Financial statements are prepared.
g. A post-closing trial balance is prepared.
h. Adjustment data are asssembled and analyzed.
i. Closing entries are journalized and posted to the ledger.
j. Adjusting entries are journalized and posted to the ledger.
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