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    cnjones20 Posts: 4, Reputation: 1
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    #1

    Dec 12, 2007, 11:04 AM
    Income Statement to accrual basis
    How do you convert a income statement to the accrual basis?
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    pready Posts: 3,197, Reputation: 207
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    #2

    Dec 16, 2007, 03:23 PM
    The Income statement uses Accrual Basis if the organization uses Accrual Base Accounting.

    If Not you have to add items like what you owe to people or that people owe you, but youhave not paid and Depreiation Expenses. Cost of supplies used and the like.
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