I think you should be able to describe the step succintly (a couple of sentences); the location of the step; and, the reactants and products.
>So for the light reactions:
Location- thylakoid membranes
Reactant- water
Product- oxygen, hydrogen ions (as NADPH), ATP
OTHER THINGS REQUIRED: Light [obviously; that's why it's called light-dependent

]
Brief description- Chlorophyll traps light energy, which is used to split water molecules to hydrogen ions (which are taken up as acceptor molecules NADP to from NADPH) an oxygen (the oxygen is given off as waste). This step also produces ATP.
>Light-independent reactions
Location- Stroma
Reactants-Carbon Dioxide; hydrogen ions (NADPH)
Products- glucose; water
OTHER THINGS REQUIRED: ATP
Brief Description- CO2 and hydrogen ions are combined to form glucose in the Calvin Cycle. ATP provides energy neeeded for this step to proceed.