Which of the following accounts would appear only in an accrual basis accounting system, and which could

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Which of the following accounts would appear only in an accrual basis accounting system, and which could appear in either a cash basis or an accrual basis accounting system?
(a) Capital Stock,
(b) Fees Earned,
(c) Accounts Payable,
(d) Land,
(e) Utilities Expense, and
(f) Accounts Receivable.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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