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Cash vs Accrual Based Accounting for Go...
Cash basis accounting is easily understood and usually adopted by most start-up companies. Cash basis reports only consider the flow of cash in or out of the business without regard for the often complicated rules of accrual basis accounting. Accrual basis accounting requires matching of revenue and expenses and recognition of revenue when earned and expenses when incurred - all regardless of when the cash was received or spent. Accrual basis...
July 12, 2022
Organizer: Left Brain Professionals Inc.
Location: Webcast
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