In approximately 225-250 words, Explain in your own words what did you learn is the focus of managerial accounting? Choose one module (Module 2 thru 6) and reflect on how the core concepts described in that module can help you become a better leader and an effective decision- maker. - Module 2 (Learning Objectives:: Describe the characteristics of an account and a chart of accounts.. Describe and illustrate journalizing transactions using the double-entry accounting system.. Describe and illustrate the journalizing and posting of transactions to accounts.) - Module 3 (Learning Objectives: Describe the nature of the adjusting process.- Prepare adjusting entries for accruals.- Prepare adjusting entries for deferrals. - Prepare adjusting entries for depreciation. - Prepare an adjusted trial balance.) - Module 4 (Learning Objectives: Describe the flow of accounting information from the unadjusted trial balance into the adjusted trial balance and financial statements. Prepare financial statements from adjusted account balances. Prepare closing entries.) - Module 5 (Learning Objectives: Describe and illustrate the accounting for merchandise transactions.. Describe and illustrate the adjusting process for merchandising business.) - Module 6 (Learning Objectives. Describe the importance of control over inventory. Determine the cost of inventory under the perpetual inventory system, using the FIFO, LIFO . Determine the cost of inventory under the perpetual inventory system, using the weighted average cost methods.)