Prepare a flowchart which demonstrates how accrual accounting and cash flows are linked for a merchandise sale. Analyze the impact on the financial statements of each. Provide the required references, if applicable.

Your work should be submitted in a Word document, typed in double-space, in 10- or 12-point Arial or Times New Roman font. It should be 1 page minimum. The page margins on the top, bottom, left side, and right side should be 1 inch each. You should use the APA guidelines for writing and citations.