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  3. discuss the accounting cycle. which steps in the c

Discuss the accounting cycle. Which steps in the cycle do you consider to be the...

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Accounting

Discuss the accounting cycle. Which steps in the cycle do you consider to be the most important? In addition, adjusting entries are very important. Why? Are they required? Why or why not? Lastly, why are closing entries important to the closing process? Share your thoughts.

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