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Which of the following is true of accrual basis accounting and cash basis accounting? O A. Cash basis accounting records all transactions. OB. Accrual accounting

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Which of the following is true of accrual basis accounting and cash basis accounting? O A. Cash basis accounting records all transactions. OB. Accrual accounting is not allowed under GAAP. O C. Accrual accounting records revenue only when it is earned. D. All of the above are true

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