Dont use any Ai site cource hero bartleby for answering QUESTION 5 Shortly discuss the accounting cycles in business. QUESTION 6 Financial accounting must rely on several underlying concepts to give impact on the accounting practice. List TEN accounting concepts in accounting practice. QUESTION 7 There are many users which have an interest in the financial statements of a business. List two (2) of these users of accounting information and briefly explain their reasons for using the accounting information. QUESTION 8 Classify the following items into assets, liabilities, or owners equity.