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Which is the correct order of steps in the accounting cycle?.
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20 votes
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Which is the correct order of steps in the accounting cycle?.

User Thore
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14 votes
Step 1: Identify Transactions
Step 2: Record Transactions in a Journal
Step 3: Posting
Step 4: Unadjusted Trial Balance
Step 5: Worksheet
Step 6: Adjusting Journal Entries
Step 7: Financial Statements
Step 8: Closing the Books
User Michael Taylor
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