Which of the following is the correct order in the recording process?
A)Journalize and post adjustments,unadjusted trial balance,adjusted trial balance,ledger,financial statements
B)Ledger,journalize and post adjustments,unadjusted trial balance,adjusted trial balance,financial statements
C)Ledger,unadjusted trial balance,journalize and post adjustments,adjusted trial balance,and financial statements
D)Unadjusted trial balance,journalize and post adjustments,ledger,adjusted trial balance,financial statements
E)Journalize and post adjustments,adjusted trial balance,ledger,unadjusted trial balance,financial statements

Question

Quizplus · Accepted Answer

The recording process starts with recording transactions in the ledger, followed by the preparation of the unadjusted trial balance. Then, adjustments are made based on the accounts' balances at the end of the period, and journalized and posted to the ledger. The adjusted trial balance is then prepared, and finally, the financial statements are produced. Choice C follows this order correctly.

Which of the Following Is the Correct Order in the Recording