Question: Rearrange the following steps in the accounting cycle in proper sequence: Accounting Cycle Steps a . A post - closing trial balance is prepared. b
Rearrange the following steps in the accounting cycle in proper sequence:
Accounting Cycle Steps
a A postclosing trial balance is prepared.
b Adjustment data are asssembled and analyzed.
c Adjusting entries are journalized and posted to the ledger.
d An adjusted trial balance is prepared.
e An optional endofperiod spreadsheet is prepared.
f An unadjusted trial balance is prepared.
g Closing entries are journalized and posted to the ledger.
h Financial statements are prepared.
i Transactions are analyzed and recorded in the journal.
j Transactions are posted to the ledger.
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