Steps in the Accounting Cycle Rearrange the following steps in the accounting cycle in proper...
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Accounting
Steps in the Accounting Cycle
Rearrange the following steps in the accounting cycle in proper sequence:
| a. Transactions are analyzed and recorded in the journal. | 1 |
| b. An unadjusted trial balance is prepared. | 2 |
| c. Transactions are posted to the ledger. | 3 |
| d. Adjustment data are assembled and analyzed. | 4 |
| e. An adjusted trial balance is prepared. | 5 |
| f. Adjusting entries are journalized and posted to the ledger. | 6 |
| g. An optional end-of-period spreadsheet is prepared. | 7 |
| h. A post-closing trial balance is prepared. | 8 |
| i. Financial statements are prepared. | 9 |
| j. Closing entries are journalized and posted to the ledger. | 1 |
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