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The timing of recording financial transactions is important. Explain the difference between cash and accrual basis of accounting in terms of when transactions are recorded.
The timing of recording financial transactions is important. Explain the difference between cash and accrual basis of accounting in terms of when transactions are recorded. Is one more beneficial than the other? Why?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
978-0077861681
