For 12 Points answer two of the following questions. For an additional 5 Bonus Points, answer all 4. For full credit, you must use good organization. grammar, and sentence structure. Anvwers nust be complete, casy to understand, and demontrate thorough understanding of the concept. 1. Name the steps of the accounting cycle (or describe in your own words) 2. Explain what normal balance means in accounting and give cxamples of normal account balances as well as how it helps you determine a joumal entry 3. Describe why cash is an asset and not categheited as a revenue 4. Describe the 3 financial statements, what belongs on each, and the order in which they are prepared