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Additional instructions: Structure of the assignment is as follows: Introduction - Give a brief about the meaning of accounting which should include the meaning of
Additional instructions: Structure of the assignment is as follows: Introduction - Give a brief about the meaning of accounting which should include the meaning of accounting and also, state the internal and external users of accounting information. (Approximately 200 words) Main Body- Discuss the Accounting Cycle, which should include: Meaning of Accounting Cycle, any three sample transactions and the journal for the same, any one ledger account, a sample trial Balance, any two adjusting entries and provide a sample Income Statement and Balance Sheet along with the description of each accounting steps. (Approximately 1,500 words)
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