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Select all that applyWhich are steps in the accounting cycle?Multiple select question.analyze transactionsrecord transaction in the journalprepare a trial balancedetermine investment opportunitiesbuild a budget

Question

Select all that applyWhich are steps in the accounting cycle?Multiple select question.analyze transactionsrecord transaction in the journalprepare a trial balancedetermine investment opportunitiesbuild a budget

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Solution

The steps in the accounting cycle from the options provided are:

  1. Analyze transactions
  2. Record transaction in the journal
  3. Prepare a trial balance

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