Difference between Accrual basis of Accounting and Cash basis of Accounting on the basis of Higher / lower income in - Accountancy - Theory Base of Accounting

Question

Difference between Accrual basis of Accounting and Cash basis of
Accounting on the basis of Higher / lower income in case of pre
paid expenses and Accrued Income, Nature of transactions ,
Reliability

Kashish Keshwani · Accepted Answer

Dear Student,
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Difference between Accrual basis of Accounting and Cash basis of Accounting on the basis of Higher / lower income in case of pre paid expenses and Accrued Income, Nature of transactions , Reliability.