Which of the following steps in the accounting cycle would not generally be performed daily?

Question

Quizplus · Accepted Answer

Adjusting entries are usually prepared at the end of an accounting period (such as monthly or annually), rather than daily. The other three steps (journalizing transactions, posting to ledger accounts, and analyzing business transactions) may occur on a daily basis as part of recording transactions and maintaining accurate financial records.

Which of the Following Steps in the Accounting Cycle Would