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Which of These Steps of the Accounting Cycle Occur During

Question 130

Multiple Choice

Which of these steps of the accounting cycle occur during the accounting period (as opposed to at the end of the accounting period, or at year-end only) ?


A) Analyze business transactions.
B) Journalize and post adjusting entries.
C) Prepare financial statements.
D) Prepare a trial balance.

Correct Answer:

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