accounting wk3

 

Required:

The Week 3 Discussion consists of two topic.  

(1.) What are the differences between cash and accrual basis accounting? Provide an example of each.

(2.) Accrual accounting requires adjusting entries.  Provide an example of an adjusting entry.

e sure to NOT USE non-credible sources such as dictionaries, wikipedia, investopedia, accountingtools, accountingcoach and blogs.

MUST CITE WITHIN THE post. Please do NOT USE FIRST PERSON> NO BIG, LONG PARAGRAPHS.

250 word minimum