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Explain the following Items to the best of your knowledge The Accounting Cycle Cash-Basis Versus Accrual-Basis Accounting Accrual Accounting Concepts Adjusting Entries, Adjusted Trial Balance,

Explain the following Items to the best of your knowledge

The Accounting Cycle

Cash-Basis Versus Accrual-Basis Accounting

Accrual Accounting Concepts

Adjusting Entries, Adjusted Trial Balance, and Closing the Books

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