What are the steps of the accounting cycle? Describe each in your own words using specific examples. What are the outputs of the accounting cycle? Why are they important? Identify and explain the purp

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What are the steps of the accounting cycle? Describe each in your own say using particular examples. What are the outputs of the accounting cycle? Why are they grave? Identify and teach the point of each financial proposition, including how they are interrelated. Why is the accounting cycle grave to a interest? Evaluate the consciousness of the accounting cycle in conditions of its skilled unarm-an for interestes. In your exculpation, be assured to grant particular examples of why unfailing steps are needful. Address at lowest three opposed steps in your evaluation

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