Question: Accounting 101 - please no handwriting! informative answer thanks! Assignment Question(s): (Marks 5) Q1. Discuss three of the accounting principles and assumptions with examples. (1

Accounting 101 - please no handwriting! informative answer thanks!

Assignment Question(s): (Marks 5) Q1. Discuss three of the accounting principles and assumptions with examples. (1 Mark) Q2. In chapter 3, slide 42, there is a summary of the accounting cycle. Describe each step. (2 Marks)

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