Friday, March 4, 2011

accrual basis income statement

the income statement, but on a cash basis rather than an accrual basis. following accrual basis income statement and corresponding calculations Figure 6.2: XYZ Corporation's Restated Financial Statements using Accrual Table 3: Commonwealth general government revenue (accrual basis)Figure 6.1: XYZ Corporation's Financial Statements using Cash Basis Table 1: Commonwealth Government tax revenue (

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