what is the primary goal of the accrual basis of accounting? A)report revenue when received B) Match assets and liabilities in the proper period. C)report expenses when cash disbursements aremade D) match revenues and expenses in the proper period
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- Accrual basis of accounting: This method recognizes revenues when they are earned and expenses when they are incurred, regardless of when cash transactions occur. - Revenue: Money earned from business activities. - Expenses: Costs incurred to generate revenue. - Show more…
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