I need help with these questions!! I tried figuring them out on my own but got them wrong. Please Help!!

Which of the following is the third major step in the accounting cycle? Oprepare the financial statements Oprepare and post adjusting entries Orecord the daily transactions in a journal O post the journal entries to the accounts in the ledger Which of the following is not a major step necessary to complete the accounting cycle? Prepare the adjusted trial balance Record the transactions, events, and arrangements O Prepare and post closing entries O Prepare adjusting entries Which of the following transactions would be recorded in a sales journal of the type illustrated in the text? Osale by a used car dealer of part of the property surrounding his display lot customer return of merchandise originally bought on credit customer purchase of merchandise for cash O customer purchase of merchandise on credit terms Joseph, Inc. uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year and a $3,000 balance at the end of the year. How much cash was paid for insurance during the year? $4,000 $21,000 O$29,000 $20,000