Cash-Based and Accrual Accounting, Adjusting Entries and Depreciation The differenc

Cash-Based and Accrual Accounting, Adjusting Entries and Depreciation The differenc

Cash-Based and Accrual Accounting, Adjusting Entries and Depreciation The difference between the cash and accrual bases of accounting.

·         The concept of adjusting entries and how they are prepared.

·         How to classify adjusting entries.

·         The concept of asset depreciation and its effect on book values.
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