DQ 1
What are the different bases of accounting? When is it appropriate to use the cash, accrual, or tax basis? Which one is better? Why?
DQ 2
What is the difference between unearned and accrued revenue? Provide an example that differentiates the two types of revenues.
What are the different bases of accounting? When is it appropriate to use the cash, accrual, or tax basis? Which one is better? Why?
DQ 2
What is the difference between unearned and accrued revenue? Provide an example that differentiates the two types of revenues.
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