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What is accrual accounting and why is it important? What is the difference between assets and liabilities?
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Accrual accounting is an accounting method that recognizes revenue and expenses when they are incurred regardless of when cash is exchanged In accrual ...Get Instant Access to Expert-Tailored Solutions
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
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