Deductibles are not used in homeowners insurance.

Which of the following is the correct order in the recording process?

A) Journalize and post adjustments, unadjusted trial balance, adjusted trial balance, ledger, financial statements B) Ledger, journalize and post adjustments, unadjusted trial balance, adjusted trial balance, financial statements C) Ledger, unadjusted trial balance, journalize and post adjustments, adjusted trial balance, and financial statements D) Unadjusted trial balance, journalize and post adjustments, ledger, adjusted trial balance, financial statements E) Journalize and post adjustments, adjusted trial balance, ledger, unadjusted trial balance, financial statements

______________________________ is an account that can only exist if one company purchases another business and the cost exceeds the fair market values of the identifiable net assets at the time acquired

Fill in the blank(s) with correct word