webapps/discussionboard/do/message?action=create&do=create&requestType=thread&course_ Adjusted Trial Balance Debit Credit 95,600 50.000 16.000 4.000 170,000 Cash Notes receivable current Prepaid in Prepaid rent E. Accumulated deprecation Equipment Accounts payable Long term nous payable C trout Capital trou Withdrawal Repair Services 57.000 52.000 63.000 178.500 30.000 180 800 7500 Direction experiment. Bags 23.500 5.000 19.000 20 5382 535800 For this week s discussion submit you 1. Provide an explanation for each step in the accounting cycle (Hint There are 10 steps) 2. Explain why permanent (balance sheet accounts are not closed 3. Using the adjusted trial balance for Company Zee complete the following: Describe the temporary income statement accounts for company Zeeb Explain the dating entries that company owned to prepare at the end of the de Explain the purpose of the Income Summary account Click Save Draft to the Sub Catecout webapps/discussionboard/do/message?action=create&do=create&requestType=thread&course_ Adjusted Trial Balance Debit Credit 95,600 50.000 16.000 4.000 170,000 Cash Notes receivable current Prepaid in Prepaid rent E. Accumulated deprecation Equipment Accounts payable Long term nous payable C trout Capital trou Withdrawal Repair Services 57.000 52.000 63.000 178.500 30.000 180 800 7500 Direction experiment. Bags 23.500 5.000 19.000 20 5382 535800 For this week s discussion submit you 1. Provide an explanation for each step in the accounting cycle (Hint There are 10 steps) 2. Explain why permanent (balance sheet accounts are not closed 3. Using the adjusted trial balance for Company Zee complete the following: Describe the temporary income statement accounts for company Zeeb Explain the dating entries that company owned to prepare at the end of the de Explain the purpose of the Income Summary account Click Save Draft to the Sub Catecout