ACC 100 week 3 discussion Cash and Accrual – Conceptual

  • Watch Accounting WITT’s video titled “Cash and Accrual – Conceptual”:
  • Click here to open the video in a new window.
  • 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.
 
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