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Which one of the following choices is a disadvantage of single - entry accounting? It may provide unrealistic perceptions of cash - on - hand.
Which one of the following choices is a disadvantage of singleentry accounting?
It may provide unrealistic perceptions of cashonhand.
It may provide lacking information about cash out.
It may provide lacking information about cash in
It facilitates analysis of accounts receivable and accounts payable.
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
