ACC 290 Week 3 Individual Assignment Exercise
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ACC 290 Week 3 Individual Assignment Exercise
Individual Week Three Problems and Exercises
Resource: Ch. 4 of Financial Accounting
Complete Exercise BE4-1.
Complete Problems 4-2A and 4-3A.
Answer the following summary question: 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 as either a Microsoft Excel or Word document
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ACC 290 Week 3 Individual Assignment Exercise BE4-1, Problems 4-2A and 4-3A.xls
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