Question: 2 (2marks) Indicate the proper sequence of the steps in the accounting cycle by placing numbers 1-8 in the blank spaces. ____ a. Analyze business

2 (2marks) Indicate the proper sequence of the steps in the accounting cycle by placing numbers 1-8 in the blank spaces. ____ a. Analyze business transactions.____ b. Journalize and post adjusting entries.____ c. Journalize and post-closing entries.____ d. Journalize the transactions.____ e. Prepare a post-closing trial balance.____ f. Prepare a trial balance.____ g. Prepare financial statements.____ h. Post to ledger accounts

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