XACC 290 Week 3 Individual Assignment Accrual and Cash Accounting | University Of Phoenix

XACC 290 Week 3 Individual Assignment Accrual and Cash Accounting | University Of Phoenix 

XACC 290 Week 3 Individual Assignment Accrual and Cash Accounting
 
Write a 200- to 300-word paragraph answering the following questions:
What is the difference between accrual and cash accounting?
When might an accountant use cash basis accounting without violating generally accepted accounting principles?
Format your paragraph consistent with APA guidelines.  

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