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1. What type of business would be more likely to use the cash basis of accounting? (5 pts) A. Dillards B. Caterpillar C. Jordan’s Bike Shop D. Whataburger 2. Matching (each choice could be used more than once) (5 pts ea.) A. Accrual basis of accounting C. Cash basis of accounting Matches reporting of expenses to revenues when revenues are earned Reports net income as …
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