17. Arrange the following steps in the accounting process in its proper order: * I. Preparation of the reversing journal entries. II. Journalizing transactions in the journal. II. Preparation of the unadjusted trial balance. IV. Posting the journal entries to the ledger. Preparation of the adjusting entries. VI. Preparation of the financial statements. VII. Preparation of the post-closing trial balance. VIII. Identifying and analyzing business transactions. Preparation of the worksheet. Preparation of the closing entries. V. IX. X. O A. VIII, II, IV, III, V, IX, VI, X, I, VII B. VIII, II, IV, II, V, IX, VI, X, VII, I O C. VIII, II, IV, IX, II, V, VI, X, VII, I O D. VIII, II, IV, II, V, IX, X, VI, VII, I

17. Arrange the following steps in the accounting process in its proper order: * I. Preparation of the reversing journal entries. II. Journalizing transactions in the journal. II. Preparation of the unadjusted trial balance. IV. Posting the journal entries to the ledger. Preparation of the adjusting entries. VI. Preparation of the financial statements. VII. Preparation of the post-closing trial balance. VIII. Identifying and analyzing business transactions. Preparation of the worksheet. Preparation of the closing entries. V. IX. X. O A. VIII, II, IV, III, V, IX, VI, X, I, VII B. VIII, II, IV, II, V, IX, VI, X, VII, I O C. VIII, II, IV, IX, II, V, VI, X, VII, I O D. VIII, II, IV, II, V, IX, X, VI, VII, I

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter5: Closing Entries And The Post-closing Trial Balance

Section: Chapter Questions

Problem 1DQ: Number in order the following steps in the accounting cycle: a. Prepare a trial balance. b. Post...

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