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ContentImportance Of Accrual Basis:Accrual Accounting Vs Cash Basis Accounting ExampleRecording AccrualsFinance Your Business
Importance Of Accrual Basis:
Your choice of an accounting method depends on a number of factors, such as the size of your business, your comfort level with accounting procedures and the nature of your business. If you are a one-person fledgling operation, your needs will not be the same as an established manufacturing concern with 100 employees. However, during this period, Joe is not receiving his bonuses materially, as would be the case with cash received at the time of […]
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