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QUESTION
B. Transactions are posted to the ledger. A. An adjusted trial balance is prepared. Of the following, which would be prepared last?
B. Transactions are posted to the ledger. A. An adjusted trial balance is prepared. Of the following, which would be prepared last? A. An adjusted trial balance is prepared. B. Transactions are posted to the ledger. C. An unadjusted trial balance is prepared. D. Adjusting entries are journalized and posted to the ledger. ANS: A DIF: Moderate OBJ: 04-04 NAT: AACSB Analytic | AICPA FN-Measurement 58. The accounting cycle requires three trial balances be done. In what order should they be prepared?
