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    Flowchart: accrual and cash accounting for merchandise

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    Prepare a flowchart which demonstrates how accural accounting and cash flows are linked for a merchandise sale. Analyze the impact on the financial statements of each. Provide the required references, if applicable.

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    https://brainmass.com/business/accounting-standards/flowchart-accrual-and-cash-accounting-for-merchandise-582234

    Solution Summary

    Create a flowchart comparing how accrual and cash accounting methods account for merchandise

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