Cash and Accrual Basis of Accounting
December 26th, 2020
Give an example that shows that difference between the cash basis and the accrual basis of accounting. Give an example of each of the four major types of adjusting entries. Describe the nature and purpose of the adjusted trial balance. Describe how closing entries are made. List the required steps in the accounting cycle.
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Cash and Accrual Basis of Accounting
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