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Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 6DQ
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1- What is the main difference between basic and
completed accounting system?
2- What is the main difference between Accrual and cash
system? Which one is the best from your point of
view?
Transcribed Image Text:1- What is the main difference between basic and completed accounting system? 2- What is the main difference between Accrual and cash system? Which one is the best from your point of view?
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