(1.) What are the differences between cash and accrual basis accounting? Provide an example of each.
(2.) Accrual accounting requires adjusting entries. Provide an example of an adjusting entry.
e sure to NOT USE non-credible sources such as dictionaries, wikipedia, investopedia, accountingtools, accountingcoach and blogs.
MUST CITE WITHIN THE post. Please do NOT USE FIRST PERSON> NO BIG, LONG PARAGRAPHS.
250 word minimum
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