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In: Accounting

Which of the following depicts the proper sequence of steps in the accounting cycle?


Which of the following depicts the proper sequence of steps in the accounting cycle? 

a. Journalize the transactions, analyze business transactions, prepare a trial balance 

b. Prepare a trial balance, prepare financial statements, prepare adjusting entries 

c. Journalize the transactions, analyze business transactions, prepare a trial balance 

d. Prepare a trial balance, prepare adjusting entries, prepare financial statements

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