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Natalya is confused about the difference between cash-basis and accrual-basis accounting. so you tell her that the

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User Artiga
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Natalya is confused about the difference between cash-basis and accrual-basis accounting. So you tell her that the point of recognition of revenue and expenses is different. Revenue recognition is a part of the accumulation accounting concept that controls when incomes are recognized in the accounting period. It aims to bout revenues and expenses in the precise accounting period.

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User Aeronth
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