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Accounting system and a cash based accounting system

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Describe an accrual based accounting system and a cash based accounting system. Which would you use for your small business and why?

Using the text to inform your response, do you feel your small business cash flow will change throughout the year? In what months will it be high/low? Why? What are some of the ways you can navigate a variation in cash flow?

 https://learn.umuc.edu/d2l/le/content/197369/fullscreen/8083795/View

Discuss three types of business financing listed in chapter 10.   How do you plan to finance your small business? Will you use borrow money from family? Loans? Bonds? Credit cards? If so, discuss your financing strategy and why you have chosen this approach. Remember to use citations where appropriate.

https://learn.umuc.edu/d2l/le/content/197369/fullscreen/8083796/View

Reference no: EM131458884

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