Week
3 Discussion
·
Watch
Accounting WITT’s video titled “Cash and Accrual – Conceptual” located at https://youtu.be/aPwdgUDXkkE (4:43).
·
Based
on the video, explain two (2) advantages and two (2) disadvantages in using
both the cash and the accrual basis of accounting.
·
Then,
determine the one (1) that you believe provides the most useful financial
information to users.
·
Justify
your responses.
