Strengths and weaknesses of various types of accounting

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Reference no: EM13146773

Write a 700- to 1,050-word paper in APA format comparing and contrasting the different types of accounting, namely accrual, cash flow, and fund accounting. Be sure to consider the following:

o How are entries made under each type of accounting?

o How does each type of accounting handle depreciation, if at all?

o How is inventory accounted for?

o Are there any differences between the organizations that adopt a particular accounting method?

o What are the strengths and weaknesses of the various types of accounting?

Reference no: EM13146773

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