Financial Accounting

Resource: Ch. 4 of Financial Accounting

Complete Exercise BE4-1.

Complete Problems 4-2A & 4-3A. 

Answer the following:

·Commercial accounting and generally accepted accounting principles, generally prescribe the accrual basis of accounting over the cash basis.

·Describe both bases of accounting and explain the differences.

Submit on Microsoft® Excel® template that will be provided.

WK4_Exercise_Template.xlsx 

Financial_Accounting_6e_Ch04.pdf 

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