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What are the advantages of integrating accrual method

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Question - What are the advantages of integrating accrual method? When there is high probable that customers do not pay the invoices they receive, why do large companies take chance to record the transaction as A/R? What are the benefit for companies to take such risks? Do companies still benefit from it since A/R is recorded in the asset and helps get more business loans from banks? What happens when customers do not pay the bills as they promised; how long can companies use the A/R data in the Financial Statement, and when does the A/R data change to the Loss? Thank you so much.

Reference no: EM132933004

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