P3-2B Write a business memo to a new bookkeeper to explain the difference between the cash basis
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P3-2B Write a business memo to a new bookkeeper to explain the difference between the cash basis of accounting and the accrual basis. Mention the roles of the revenue principle and the matching principle in accrual-basis accounting. The format of a business memo follows. Date: To: From: New Bookkeeper (Student Name) Subject: Difference between the cash basis and the accrual basis
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Related Book For
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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