Match each of the following accounting events to the accounting transaction cycle.
Purchasing cycle
Sales cycle
Payroll cycle
1. Create purchase orders _____
2. Create invoices _____
3. Make deposits _____
4. Calculate payroll _____
5. Receive customer payments _____
6. Pay bills _____
7. Enter time _____
8. Enter bills _____
9. Receive items _____
10. Pay employees _____
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