6. State whether the following are true or false:
a. Cash basis of accounting is incompatible with the Matching principle
b. Accrual basis of accounting gives a true and fair view of the results
operations of business and financial position of the business.
Answers
Answered by
2
Explanation:
a. true, it's doesn't follow matching principle
b. true, accrual basis records complete accounting transactions
Answered by
0
Explanation:
a. true
b. true
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