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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

JANUARY 3, 2023

In other words, you need to choose the accounting method that’ll fit your business needs. Cash basis accounting vs. accrual basis accounting. We spoke about cash basis and accrual basis accounting when discussing 3 main financial statements. Single-entry bookkeeping vs. double-entry bookkeeping.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

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