Why should small businesses produce accruals-based accounts (as opposed to relying on controlling cash and banking)?

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Accounting Understanding And Practice

ISBN: 9780077139131

4th Edition

Authors: Robert Perks

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Question Posted: May 13, 2024 02:02 PM

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Why should small businesses produce accruals-based accounts (as opposed to relying on controlling cash and banking)?

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Small businesses should produce accrualsbased accounts in addition to controlling cash and banking for several reasons Accurate Financial Reporting Ac...View the full answer

Accounting Understanding And Practice

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