Question: Introduction (delete this heading in your final paper) [In your opening paragraph, very briefly introduce the purpose of your paper. Recall that you will be
Introduction (delete this heading in your final paper) [In your opening paragraph, very briefly introduce the purpose of your paper. Recall that you will be discussing the accounting cycle in keeping with the key terms of steps, outputs, and importance, as explained in your rubric instructions. Three or four sentences will be sufficient.1 Paragraph One (delete this heading in your final paper) [Using your textbook and other provided course resources, identify the steps of the accounting cycle. Provide a description of each step in your own words, using specific examples.] Paragraph Two (delete this heading in your final paper) [Identify and describe the major products of the accounting cycle. Why are they important? Explain the purpose of each financial statement, including how they are interrelated A minimum of five to six sentences is required to support your thoughts. Be specific in your answer and use examples to support your thoughts.] Paragraph Three (delete this heading in your final paper) [Defend the importance of the accounting cycle to a business. Specifically, Discuss why specific steps are necessary Include in your discussion at least three different steps. A minimum of five to six sentences is required to support your thoughts. Focus your thoughts on the role of each step, as discussed in the second paragraph, and what each step contributes to the overall accounting process.]
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