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1. Define debits and credits and explain their role in double-entry accounting? 2. Explain the accounting cycle? 3. Describe an account, its use, and
1. Define debits and credits and explain their role in double-entry accounting? 2. Explain the accounting cycle? 3. Describe an account, its use, and its relationship to the ledger? 4. Explain the use of a trial balance?
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