Question: For this forum, I would like you to post your thoughts on the following question and respond to at least one of your classmates' posts.

For this forum, I would like you to post your thoughts on the following question and respond to at least one of your classmates' posts.

Why is it appropriate to use cash basis accounting in your personal life but not in the business world?

You may also post your questions/clarifications on this week's topic and feel free to respond to your classmate's questions if you have any ideas.

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