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Imagine for a moment that the balance in Accounts Receivable increases during a period (i.e., the ending balance in the account is greater than the
Imagine for a moment that the balance in Accounts Receivable increases during a period (i.e., the ending balance in the account is greater than the beginning balance). Would the effect of these transactions produce more accrual income or cash basis income? What if the balance in A/R decreases?
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