ACC100 Week 3 Discussion Latest 2019 January Question # 00597236 Course Code : ACC100 Subject: Business Due on: 01/25/2019 Posted On: 01/25/2019 01:05 PM Tutorials: 1 Rating: 4.7/5
ACC100 Accounting
Week 3 Discussion
Watch Video: “Cash and Accrual – Conceptual”
(4:44)
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.
Identify at least two (2) types of businesses that would
benefit by preparing financial statements using either the cash or accrual
basis of accounting.
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