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How analyzing and recording transactions in the journal

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Reference no: EM132714633

Problem 1: The steps performed each reporting period in preparing financial statements, starting with analyzing and recording transactions in the journal and continuing through the post-closing trial balance, is referred to as the:

Multiple Choice

A. Accounting period.
B. Operating cycle.
C. Accounting cycle.
D. Closing cycle.
E. Natural business year.

Reference no: EM132714633

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