The following are all the steps in the accounting cycle. list them in the order in which they should be done. - closing entries are journalized and posted to the ledger. - an unadjusted trial balance is prepared. - an optional end-of-period spreadsheet (work sheet) is prepared. - a post-closing trial balance is prepared. - adjusting entries are journalized and posted to the ledger. - transactions are analyzed and recorded in the journal. - adjustment data are assembled and analyzed. - financial statements are prepared. - an adjusted trial balance is prepared. - transactions are posted to the ledger.

Suppose that the u. s. dollars-mexican pesos exchange rate is fixed by the u. s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs. which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u. s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u. s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u. s. dollars.