Question: Description Please answer the following using the guidance provided within the syllabus ( specific questions ) for Chapter 3 : I would like you each

Description
Please answer the following using the guidance provided
within the syllabus (specific questions) for Chapter 3:
I would like you each to consider cash vs. accrual
accounting and identify some of the advantages and
disadvantages of each. Please summarize your thoughts.
What are the advantages of using a general journal?
Explain the significance of the post-closing trial
balance in Step 5 of the accounting cycle.
Description Please answer the following using the guidance provided within the

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