Question: For this assignment please identify the 10 steps in the accounting cycle and explain the purpose of each step in a short paragraph. As you

For this assignment please identify the 10 steps in the accounting cycle and explain the purpose of each step in a short paragraph. As you are writing please keep in mind that the question is asking for thePURPOSEof each step, notHOWit is completed! When thinking about the purpose of a step consider why we are completing it or what it tells us after it is completed.

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