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July 22, 2014

Homework Help: ACC 225

Posted by PARADISE on Monday, February 16, 2009 at 6:22pm.

What is the difference between cash basis and accrual basis accounting?
Why do accrual-basis financial statements provide more useful information than cash-basis financial statements?
Describe when each method (cash basis and accrual basis accounting) would be appropriate to use.

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