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Meaning of Accrual basis of accounting

To know well about the United States Of America accounting system, here is my concern: why "accrual" accounting is the best practice and why it should be used, what could be the possibly changes that the "accrual" accounting or the "cash basis" could bring into the financial statements.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M927284

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