STRAYER ACC100 2019 January Week 3 Discussion Latest
Question # 00718535
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Updated on: 03/19/2019 06:33 AM Due on: 03/19/2019
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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Solution: STRAYER ACC100 2019 January Week 3 Discussion Latest