Question: What is the difference between causation and cash accounts? Define and present a simple example of a Balance Sheet, Income Statement and Cash Flow.

What is the difference between causation and cash accounts?

Define and present a simple example of a Balance Sheet, Income Statement and Cash Flow.

I NEED A GOOD EXPLANATION ABOUT THIS AND CAN PROVIDE NUMERIC EXAMPLES WITH THAT THANK YOU.

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Lets start by defining causation and cash accounts Causation Causation refers to the relationship between cause and effect In the context of accountin... View full answer

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