What is accrual accounting vs cash accounting

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Reference no: EM133357738

Book: College Accounting: A Practical Approach, Jeffrey Slater, Pearson Publishing, 14th Edition.

1. What is accrual accounting v. cash accounting (review the video in MyAccountingLab's Multimedia Library tab)?

2. What is depreciation and how is it calculated? Are there estimates in the calculation and what are they?

3. Why is the matching principle the basis for accrual accounting?

4. What have you been wondering about relating to the themes in the chapter 4?

5. Add reference sources

Reference no: EM133357738

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