Many individuals and some small businesses keep track only of cash receipts and cash payments. This type

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Many individuals and some small businesses keep track only of cash receipts and cash payments. This type of accounting is called c __ accounting. If you keep a record of your bank deposits, the checks you write, and the balance in your bank account, you are doing ___ accounting. Cash accounting [does / does not] measure changes in equity.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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