The process that begins with analyzing transactions and ends with the preparation of a post-closing trial balance is called

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The accounting cycle is a series of steps that begins with analyzing transactions and ends with preparing a post-closing trial balance. This cycle is repeated for each accounting period. The fiscal period refers to the 12-month period for which a company prepares its financial statements. The accounting period is the length of time for which financial statements are prepared (this may or may not correspond to the fiscal period). The business cycle refers to the overall pattern of expansion and contraction in the economy.

The Process That Begins with Analyzing Transactions and Ends with the Preparation