zyahricks
contestada

Which of the following are advantages of accrual basis
accounting? (Select two answers.)
It meets GAAP standards.
It is good at tracking cash flow.
olt records transactions only when cash changes har
It allows you to track money that is owed but not yet
It means you don't have to use receipts or invoices.

Respuesta :

Answer:

My opinion is A It meets GAAP standards.

 & D It allows you to track money that is owed but not yet

Explanation:

C It records all actions and E is required for a invoice if incase if it's over 100- 1000, to ensure it's possibly not being stolen or ensure they want this actions