Author Question: Which step is taken at the end of the accounting period? a. analyze source documents b. post to ... (Read 79 times)

khang

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Which step is taken at the end of the accounting period?
 a. analyze source documents
   b. post to the general ledger accounts
   c. prepare a trial balance
   d. prepare a post-closing trial balance

Question 2

Transactions are first recorded in the general ledger and then posted to the journal.
 
  Indicate whether the statement is true or false



medine

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Answer to Question 1

d

Answer to Question 2

FALSE



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