1. Differentiate between cash basis accounting and accrual basis accounting.
2. Explain the purpose of the trial balance.

Your responses to the above questions should be at least one page. In your response,state or rewrite the questionto indicate what you explain or discuss. Please adhere to the following requirements:

1. Your paper must include at least two citations.
2. Your sources must consist of any other credible scholarly source.
3. All sources used or cited must be included in the reference list.