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    Accrual and Cash Accounting

    Being physically fit is an important aspect of obtaining optimal health. Becoming knowledgeable about what it means to be physically fit may greatly increase your ability to improve your health and wellness. In this worksheet, you identify the five components of health related fitness. Completing this assignment is a step towards gaining the knowledge needed […] More

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    Accrual Basis over Cash Basis Accounting

    There are two accounting methods that companies use to report revenues and expenses. The two methods are the accrual basis and cash basis. The difference in the accounting processes will fundamentally change the way the organization reports its cash, so a decision must be made prior to recording any transactions. Accrual Basis Accounting Accrual basis […] More