Marla is a private accountant who uses a six-step process to develop and analyze a company's financial reports. The first step in the process is to do a trial balance.

Question

Quizplus · Accepted Answer

The first step in the process of developing and analyzing a company's financial reports typically involves recording and classifying transactions, not doing a trial balance. The trial balance comes later, after all transactions have been recorded.

Marla Is a Private Accountant Who Uses a Six-Step Process