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Financial Accounting

Resource: ;Ch. 4 of ;Financial Accounting

Complete ;Exercise BE4-1.

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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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