When converting from cash-basis to accrual-basis accounting, which of the following adjustments should be made...
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Accounting
When converting from cash-basis to accrual-basis accounting, which of the following adjustments should be made to cash paid for operating expenses to determine accrual-basis operating expenses?
Select one:
a. Subtract beginning prepaid expense.
b. Subtract interest expense.
c. Add beginning accrued liabilities.
d. Subtract ending prepaid expense.
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