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The accrual basis measures revenues and expenses as earned, as incurred, collected in cash, paid in cash, while the cash basis measures revenues as earned

The accrual basis measures revenues

and expenses

as earned,

as incurred,

collected in cash,

paid in cash,

while the cash basis measures revenues

as earned

as incurred

collected in cash

paid in cash

and expenses

as earned.

as incurred.

collected in cash.

paid in cash.

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