Accounting Journal Problem
If you were to open a small business with the knowledge and skills you have acquired to this point, would you prefer to keep your accounting records on a cash basis or an accrual basis? Reflect on the differences between cash basis and accrual basis accounting, and explain why you selected one option over the other.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.