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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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