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Help Save & Exit Accrual accounting, which attempts to match sales revenues and the expenses associated with the production of the goods, is conducted in
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Accrual accounting, which attempts to match sales revenues and the expenses associated with the production of the goods, is conducted in an attempt to:
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reduce incometax liability.
reduce bias in reported profitability measures.
speed up the receipt of accounts receivable.
reduce the time necessary to depreciate assets.
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