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Compared to the accrual basis of accounting, the cash basis of accounting understates income during the accounting period by the net increase of the Accounts
Compared to the accrual basis of accounting, the cash basis of accounting understates income during the accounting period by the net increase of the
Accounts receivable Accrued expenses payable
A. Yes Yes
B. Yes No
C. No Yes
D. No No
E. Yes Yes
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