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Accrual accounting is considered the more conceptually sound method of accounting Explain how it produces a...

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Accounting

Accrual accounting is considered the more conceptually sound methodof accounting Explain how it produces a more accurate income figurethan Cash Accounting?

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Accrual Accounting means that accounting is done on the basis of that the revenues are recorded when earned not received and expenses are recorded when their benefit is received irrespective of cash paid On the other    See Answer
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Accrual accounting is considered the more conceptually sound methodof accounting Explain how it produces a more accurate income figurethan Cash Accounting?

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