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Business, 05.11.2019 06:31 LilFlamingo247

The company uses supplies purchased in the previous period, $1,500. the company pays cash for rent in advance, $6,000. the company repays a loan to the bank, $10,000 (ignore any interest cost). the amount of accrual-basis expense is while the amount of cash-basis expense is

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The company uses supplies purchased in the previous period, $1,500. the company pays cash for rent i...
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