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In about 200 words, answer one or all of the following questions by Wednesday night: 1. In your opinion, which step(s) of the accounting cycle

In about 200 words, answer one or all of the following questions by Wednesday night:

1. In your opinion, which step(s) of the accounting cycle is/are the most important and why?

2. In your opinion, which financial statement is the most important? Income Statement, Statement of Owners Equity or Balance Sheet. Explain why.

3. In your opinion, which financial statement is of most interest to investors?

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