Explain the cash and the accrual basis of accounting

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Reference no: EM131823728

Cash and Accrual - Conceptual (YouTube)

Based on the video, explain two (2) advantages and two (2) disadvantages in using both the cash and the accrual basis of accounting.

Then, determine the one (1) that you believe provides the most useful financial information to users.

Reference no: EM131823728

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