The sixth step in the accounting cycle involves:
A)preparing the income statement.
B)performing a trial balance to verify that the accounting statements are internally consistent.
C)auditing the books to ensure that they were prepared according to generally accepted accounting principles.
D)analyzing major accounting statements to evaluate the financial condition of the firm.

Question

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The Answer of The sixth step in the accounting cycle involves:
A)preparing the income statement.
B)performing a trial balance to verify that the accounting statements are internally consistent.
C)auditing the books to ensure that they were prepared according to generally accepted accounting principles.
D)analyzing major accounting statements to evaluate the financial condition of the firm.

The Sixth Step in the Accounting Cycle Involves