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What is the accounting period? What is the difference between accrual and cash basis accounting? Which one uses adjusting entries and why? Define Revenue Recognition
What is the accounting period?
What is the accounting period?
What is the difference between accrual and cash basis accounting?
Which one uses adjusting entries and why?
Define Revenue Recognition Principle and Expense Recognition Principle under the correct basis of accounting.
What are the four types of adjusting journal entries?
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