asked 6.6k views
3 votes
Bringing account balances up to date before preparing financial reports is called____. A. posting B. adjusting C. journalizing D. analyzing

2 Answers

7 votes
The correct answer to your question is letter B. Adjusting
answered
User Will Byrne
by
7.6k points
4 votes
I think the correct answer among the choices listed above is option C. Bringing account balances up to date before preparing financial reports is called journalizing. This step involves the writing of financial accounts in a journal.
answered
User Neville Cook
by
7.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.