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This paper discusses the two large categories of accounting methods that companies tend to use, cash and accrual. The paper presents a definition of both concepts, as well as a comparison between the two methods. The paper offers general recommendations about when it is advisable to use one or the other. The paper contends that, nowadays, most companies use the accrual method.
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Accounting (2005, May 11) Retrieved June 20, 2019, from https://www.academon.com/essay/accounting-58465/
"Accounting" 11 May 2005. Web. 20 June. 2019. <https://www.academon.com/essay/accounting-58465/>