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Author Question: Preparation of the budgeted statement of cash flows is the final step in preparing the operating ... (Read 341 times)

fbq8i

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on: Jul 5, 2018
Preparation of the budgeted statement of cash flows is the final step in preparing the operating budget.
 
  Indicate whether this statement is true or false.

Question 2

In the accounting cycle, the last step is
 a. preparing the financial statements
  b. journalizing and posting the adjusting entries
  c. preparing a post-closing trial balance
  d. journalizing and posting the closing entries


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smrerig

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: FALSE

Answer to Question 2

c


fbq8i

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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