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4 Cards in this Set
- Front
- Back
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Cash Basis Collection from Sales to accrual basis sales
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+ Ending AR +AR written off - Beginning AR
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Cash basis collections from other revenues to accrual other revenues
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Beginning unearned revenue + ending revenue receivable - ending unearned revenue - beginning revene receivable
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Cash basis payments for purchases
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Beginning inventory + ending accounts payable - ending inventory - beginning AP
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Cash basis payments for expenses
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Beginning prepaid expenses + ending accrued expenses payable - ending prepaid expenses - beginning accrued expenses payable
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