Question

pasis for Debich enterprise give roogans
Cash Basis of Accounting is not bettor
the corred financial
Position an
to support of your al puer​

Answer 1

Answer:

I disagree with the above statement because cash basis of accounting does not give a true and fair view of the profit or loss and the financial position of an enterprise because it ignores outstanding and prepaid expenses and accrued income and income received in advanced.