abled: ACCT 2301- Exam 1 - Version 1 - Di... Le Help Save & En Su Joe Smith was just hired as an accounting intern at your company. The difference between cash basis accounting and accrual accounting is that Multiple Choice Depreciation expense, accounts receivables and accounts payables are included in cash bas's accounting and not included in accrual basis accounting Accounts receivable is included in cash basis accounting but it is not included in accrual accounting cash basis accounting does not include non-cash expenses and non-cash receipts while accrual basis accounting includes non-cash expenses and non-cash receipts. cash basis accounting does not include cash expenses while accrual accounting includes cash expenses MacBook Pro