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What are the differences between cash and accrual basis accounting? Provide an example of each type. Explain why a company might need to adjust entries in the general ledger.<\/p>", "transcribed_text": "", "related_book": { "title": "Financial Accounting", "isbn": "78111021, 978-0078111020", "edition": "7th Edition", "authors": "LibbyShort", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/72.jpg", "uri": "\/textbooks\/financial-accounting-7th-edition-72", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CPPWBQZ7", "uri": "\/textbooks\/financial-freedom-to-black-women-a-straightforward-secret-in-which-every-black-woman-should-know-for-financial-freedom-1st-edition-979-8871052150-255985", "name": "Financial Freedom To Black Women A Straightforward Secret In Which Every Black Woman Should Know For Financial Freedom", "edition": "1st Edition" }, "question_posted": "2024-06-15 05:01:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/gamma-airlines-has-an-asset-beta-of-15-the-riskfree", "description": "Gamma Airlines has an asset beta of 1.5. 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