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I need answering this question please, thank you. Financial statements are a product of the accounting cycle. Think about two different companies: a manufacturing company,

I need answering this question please, thank you.

Financial statements are a product of the accounting cycle. Think about two different companies: a manufacturing company, and a retail company. Why would different companies have different accounting cycles? Would you expect the steps of the accounting cycle to be the same for each company? Why, or why not?

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