Distinguish earned income from unearned income

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Question 1. Distinguish earned income from unearned income and provide an example of each.

Question 2. Describe in general how the cash method of accounting differs from the accrual method of accounting.

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Please post what you view as the appropriate responses to the above prompts. Your initial post should be 250-300 words. Please provide response with a clear, well-formulated thesis; sentence structure, grammar, punctuation, and spelling count. Support ALL posts with appropriate rationale and citations from readings; document sources using APA format.

Reference no: EM132634702

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