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Lisa and laura are twins who own a seafood restaurant in a coastal town. Lisa likes to report her income statement using accrual accounting, and
Lisa and laura are twins who own a seafood restaurant in a coastal town. Lisa likes to report her income statement using accrual accounting, and Laura likes to report her income statement using cash accounting. Given the following information, complete the spreadsheet below for March using both accrual accounting for Lisa and cash accounting for Laura.
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