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Explain the term accrual accounting and how it is used ingovernmental, not for profit...

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Accounting

Explain the term accrual accounting and how it is used ingovernmental, not for profit and business enterprises.

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Accrual Accounting is that method of accounting where the transaction are recorded in the books of accounts as they occur even the payment of the transaction has not been made or received In accrual based accounting cash is not involved or simply transaction are recoreded when it occurs not when the payment made or received Lets know through a    See Answer
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In: AccountingExplain the term accrual accounting and how it is used ingovernmental, not for profit and...Explain the term accrual accounting and how it is used ingovernmental, not for profit and business enterprises.

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