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Cash basis entries - PowerPoint PPT Presentation

Accrual Accounting and Income Determination

Accrual Accounting and Income Determination. Revsine/Collins/Johnson/Mittelstaedt: Chapter 2. Learning objectives. Cash-basis versus accrual income measurement. How profit performance is measured: revenues, expenses, and the matching principle. Income statement format and classification

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Cash basis entries - PowerPoint PPT Presentation

Accrual Accounting and Income Determination