xt 44 arning Below are steps in the accounting cycle. Put the steps in the correct order by entering the correct number in the blanks. For example, if "Prepare statement of retained earnings" is the third step, you would put a "3" in the blank beside it. NOTE: There are THREE steps that say "Post to general ledger." The first time you post, you will use "Post to general ledger (1)" as the answer. Prepare statement of retained earnings Post to general ledger (3) Prepare adjusting journal entries Prepare balance sheet Prepare income statement Prepare unadjusted trial balance Prepare statement of cash flows Prepare post-closing trial balance Prepare closing entries Post to general ledger (2) Post to general ledger (1) Identify accounting transactions Prepare adjusted trial balance Record transactions in general journal 5 4 3 1 6 2