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Compare the methodologies Cash basis and Accrual Basis. a) appraise why the accounting standards expect the financial statements should be prepared according to the accrual
Compare the methodologies Cash basis and Accrual Basis. a) appraise why the accounting standards expect the financial statements should be prepared according to the accrual basis b) provide at least one example to compare the two methodologies c) explains pros and cons of both methodologies A- BI EE & B
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