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The Week 3 Discussion consists of two topics. (1.) What are the differences between cash and accrual basis accounting? Provide an example of each. (2.)

The Week 3 Discussion consists of two topics.

(1.) What are the differences between cash and accrual basis accounting? Provide an example of each.

(2.) Accrual accounting requires adjusting entries. Provide an example of an adjusting entry.

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