Differentiate between cash basis of accounting and accrual basis of accounting.

      

Differentiate between cash basis of accounting and accrual basis of accounting.

  

Answers


Winnie
Cash basis accounting produces a measure called net operating cash flow while accrual accounting model measures an entity's accomplishments and resource sacrifices during the period regardless of when cash is received or paid
Wincate 1 answered the question on October 17, 2017 at 05:38


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