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Title: Cash basis accounting - PowerPoint PPT Presentation
Description: Cash basis accounting is an accounting method that reports revenue and expenses as they are received or paid. In other words, the cash method shows how cash comes in and goes out of a business. Cash basis accounting uses single-entry bookkeeping. It covers only short-term transactions. Thus, accounts like accounts receivable, accounts payable, or long-term transactions do not apply here. – PowerPoint PPT presentation
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