Question 21 2.7 pts Consider the Accrual Basis of accounting versus the Cash Basis of...
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Accounting
Question 21 2.7 pts Consider the Accrual Basis of accounting versus the Cash Basis of accounting. Making a payment toward our account with a vendor would: Would not be an expense under the Cash basis; expense is not incurred. Would be a revenue under the Cash basis of accounting. Would be an expense under the Cash basis of accounting. O Would be an expense under the Accrual basis of accounting.
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