Question

Identify the Bases of Accounting in the following statement „A quick appraisal of the profit/loss is not possible because many adjustments are required to ascertain the true financial position of the business.‟ a. Cash Basis b. Accrual Basis c. Both Cash and Accrual Basis d. None of these

Answer 1

Explanation:

answer is D

MARK AS THE BRAINLIST