In the accounting cycle ________.
Understand the Problem
The question is asking about a specific step or concept in the accounting cycle, with multiple-choice options provided to complete the statement about what occurs during that cycle.
Answer
A trial balance is prepared after journal entries get posted.
The final answer is: c. A trial balance is prepared after journal entries get posted.
Answer for screen readers
The final answer is: c. A trial balance is prepared after journal entries get posted.
More Information
In the accounting cycle, after journalizing transactions, they are posted to ledger accounts. A trial balance is then prepared to ensure accounts are in balance before moving on to financial statements.
Tips
A common mistake is confusing the order of steps, such as posting before journalizing.
Sources
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