Why do most companies use an accrual basis? Explain please.

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

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Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Apr 18, 2024 05:15 AM

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Why do most companies use an accrual basis? Explain please.

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Most companies use the accrual basis of accounting because it provides a more accurate picture of their financial health and performance over a given ... View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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