Determining cash basis and accrual basis of accounting

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Reference no: EM1355445

Explain the difference between the cash basis and accrual basis of accounting

Explain the difference between the cash basis and accrual basis of accounting?

When would you use the cash basis? Accrual basis?

Which one is better? Why?

What experience, if any, have you had with these bases of accounting?

Reference no: EM1355445

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