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    JillBear's Avatar
    JillBear Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 11, 2006, 09:18 AM
    Accounting
    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's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Dec 11, 2006, 09:21 AM
    Please refer to this Announcement
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