Which of the following steps in the accounting process is done after analyzing business

transactions?

a. Preparing the financial statements

b. Preparing a trial balance

c. Entering transactions in a journal

d. Posting journal entries

c. Entering transactions in a journal

Explanation:

The accounting process starts when a specific transaction is analysed. Afterward, it needs to be recorded in the journal. The journal is the predecessor of the general ledger, so entering transactions in a journal is happening before the posting of journal entries. Preparing the financial statements is irrelevant for tracking transactions.