accounting

JillBear · #1 Dec 11, 2006, 08:18 AM

Under the modified cash basis of accounting most revenues and expenses are recognized on the cash basis. Which one of the following items is an exception to this accounting rule?

a: supplies
b: professional fees
c: rent
d: advertisement

Curlyben · Dec 11, 2006, 08:21 AM

Please refer to this Announcement



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