Question: The basic difference between the cash basis of accounting and the accrual basis of accounting is that each basis interprets differently which two accounting principles?
The basic difference between the cash basis of accounting and the accrual basis of accounting is that each basis interprets differently which two accounting principles?
The goingconcern principle and the cost principle.
The monetary unit principle and the timeperiod principle.
The matching principle and the revenue recognition principle.
The conservatism principle and the cost principle.
The cost principle and the revenue recognition principle.
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