Accrual and Cash Accounting

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Accrual and Cash Accounting

Write a 200- to 300-word paragraph answering the following questions:

 

·         What is the difference between accrual and cash accounting?

·         When might an accountant use cash basis accounting without violating generally accepted accounting principles?

 

Format your paragraph consistent with APA guidelines.

 

Make sure it is APA.

 

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