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Q: What is the disadvantage of modified accrual basis?
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For the modified accrual basis of accounting what would be the entry to record the purchase of an building?

For the modified accrual basis of accounting what would be the entry to record the purchase of an building?


Is special revenue fund accrual or modified accrual?

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What is the difference between Modified accrual and Full accrual method?

What is the difference between Modified accrual and Full accrual method?"


Under the modified accrual basis of accounting revenues cannot be recognized?

Until they are measurable and available


What are the advantages of modified accrual accounting?

advantage modified accrual accounting in government


What is accrual basis of accounting?

Accrual basis accounting:Recognizing non-cash circumstances as they occur.


What is the disadvantage of accrual accounting?

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Why would politicians prefer the cash basis over the accrual basis?

why would politician prefer the cash basis over the accrual basis


Is the FL Accrual Basis or Cash Basis with Sales Tax?

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Why should the federal government adopt the accrual basis of accounting?

The federal government should adopt accrual since there is a 1956 law that requires all government agencies to prepare accrual-basis financial reports. Also, accrual basis will show more information since it shows money that the government is owed and liabilities of the federal government.