Question
What are the differences between cash and accrual basis accounting? Provide an example of each type. Briefly explain why a company might need to adjust
What are the differences between cash and accrual basis accounting?
Provide an example of each type. Briefly explain why a company might need to adjust entries in the general ledger. Be sure to address the classes and types of adjusting entries.
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
0471413658, 978-0471413653
