Multiple Choice
Listed below in random order are the steps in the accounting cycle.
(1) prepare the financial statements
(2) post the journal entries to the ledger
(3) record journal entries
(4) prepare a trial balance
What is the proper order of these steps?
A) (3) , (2) , (1) , (4)
B) (2) , (3) , (4) , (1)
C) (4) , (3) , (2) , (1)
D) (3) , (2) , (4) , (1)
Correct Answer:
Verified
Correct Answer:
Verified
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