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Compared to the accrual basis of accounting, the cash basis of accounting overstates income by the net increase during the accounting period of the:
(1) accrued revenues receivable; (2) accounts payable.
a.
(1) No; (2) No
b.
(1) Yes; (2) Yes
c.
(1) Yes; (2) No
d.
(1) No; (2) Yes
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