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Select the one that is true for Cash Accounting and Accrual Accounting. Select the one that is true for Cash Accounting and Accrual Accounting. Cash

Select the one that is true for Cash Accounting and Accrual Accounting. Select the one that is true for Cash Accounting and Accrual Accounting. Cash account: When revenues are actually deposited Cash account: When expenses are actually paid out Accrual account: When revenues confirmed, even if not yet received Accrual account: Expenses are recorded when an order is placed or committed to All of the above

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