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F. Naz
F. Naz, Chartered Accountant
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I have been trying to get a answer for this problem all day,

This answer was rated:

I have been trying to get a answer for this problem all day, will somebody please help!!
See Attachment below:

Muhammad Jawaad Ahmed :

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Muhammad Jawaad Ahmed :

The accrual basis gives the best picture of the true earnings of Sweet Catering because it follows the revenue principle and the matching principle.


Thank you for your answer, only the last one wasn't right but, that's on me it was respect.


I do have have future questions for you.

F. Naz and other Homework Specialists are ready to help you
Customer: replied 5 years ago.

Hello Muhammad Jawaad Ahmed, How are you today after all of this bad weather. You did so good on the last question. And I thank you again. I'm going to ask you to help me again. Do you know anything about closing entries. Well here we go:


Write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

  • What are the reasons for closing entries?
  • How are closing entries done?
  • What is the result of the closing entry?
Customer: replied 5 years ago.
No answer, what happened!!
By what time do you need it thanks.
Customer: replied 5 years ago.
I have the answer now, Thank you.
Okay better luck next time, take care.

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