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olga nikolaevna [1]
3 years ago
15

Skidmore Music Company had the following transactions in March:

Business
1 answer:
finlep [7]3 years ago
5 0

Answer: Check attachment

Explanation:

A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.

For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.

Check the attachment for more analysis.

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