Review the steps in the accounting cycle covered in this chapter and answer the following questions: 1. What is the fifth step? 2. What is the sixth step? 3. What would happen if the fifth step was not completed? 4. What is the purpose of the sixth step? 1. What is the fifth step of the accounting cycle? 2. What is the sixth step? 3. What would happen if the fifth step was not completed? 4. What is the purpose of the sixth step