Question

question 11 of 25
policies
current attempt in progress
which of the following steps in the accounting cycle may be performed most frequently?
prepare a post - closing trial balance
journalize closing entries
prepare a trial balance
post closing entries
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Explanation:

• Preparing a post-closing trial balance, journalizing closing entries, and posting closing entries are all end-of-period steps, completed only at the conclusion of an accounting period (monthly, quarterly, or annually).
• Preparing a trial balance can be done multiple times during an accounting period (e.g., to check for errors after posting journal entries, before adjusting entries, etc.), making it the most frequently performed step among the options.

Answer:

Prepare a trial balance