Answer the following accounting related questions:

a. Explain the difference between the accrual basis of accounting and the cash basis of accounting.

b. Define the matching principle.

c. How are revenues and expenses defined under accrual accounting?

d. What are the double entry accounting system and the duality concept? How are they related?

e. What is the basic accounting equation?

Approximately 2 paragraphs per question (reference/ source material- Chapter 8 text book).

Reference/ Textbook: | Essentials of Health Care Finance | Edition: 7

citation APA style.

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