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Home » QnA

What is the difference between cash basis and accural basis accounting?

Submitted by on February 13, 2010 – 12:49 pmNo Replies


A web user asks, Why do accrual-basis financial statements provide more useful information then cash-basis financial statements? Describe when each method (cash basis and accrual basis accounting) would be appropriate to use.

Can you help them out? Post your advice!

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