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Q1) List of the eight steps in the accounting cycle given below. Match the numbers 1 though 8 to the events below to indicate sequence of the accounting cycle steps. 

Create and adjusted trial balance

Create financial statements

Recognize, analyze and record events in journal

Create post closing trial balance

Make closing entries in journal and post to ledger

Enter adjusting entries in journal and post to ledger

Post entries from journal to ledger

Create trial balance

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M921972

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