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Explain how cash and accrual accounting differs. What is proper accural accounting if a company net income is high but not paying a employee for
Explain how cash and accrual accounting differs. What is proper accural accounting if a company net income is high but not paying a employee for one month salary?
Company reported a favorable net income, yet the company's management is concerned because the company is very short of cash. Explain to management how the company could have positive net income and yet run out of cash
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