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Oliga [24]
4 years ago
15

When does accrual basis accounting record a transaction?

Business
2 answers:
Goshia [24]4 years ago
7 0
The main difference between accrual and cash basis accounting is the timing of when revenue and expenses are recognized.
serg [7]4 years ago
5 0
When does accrual basis accounting record a transaction? When under new ownership.
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Answer:

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Explanation:

Data provided in the question

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Consider a firm that operates in a perfectly competitive market. Currently the firm is producing 50 units of output and at that
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Answer:

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Data given in the question

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What are two basic types of soup<br><br>​
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