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Provides the most useful financial information to users

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Assignment

Watch Accounting WITT's video titled "Cash and Accrual - Conceptual":

Video- https://www.youtube.com/watch?v=aPwdgUDXkkE&feature=youtu.be

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

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

Reference no: EM131688799

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