Can someone answer a short question.

1.

Imagine that you opened a restaurant in your hometown and you decided to take the knowledge and

skills you learned in this class and be your own accountant. Discuss whether you would prefer to keep

your accounting records on the cash basis or the accrual b

asis. As part of the discussion, explain how and

why you selected one basis over the other

.

B

ook being used is

Miller

-

Nobles, T., Mattison, B., & Matsumura, E. M. (2016).

Horngren's accountin

g

(11th ed.). Boston, MA: Pearson

.

1. Imagine that you opened a restaurant in your hometown and you decided to take the knowledge and

skills you learned in this class and be your own accountant. Discuss whether you would prefer to keep

your accounting records on the cash basis or the accrual basis. As part of the discussion, explain how and

why you selected one basis over the other.

Book being used is Miller-Nobles, T., Mattison, B., & Matsumura, E. M. (2016). Horngren's accounting

(11th ed.). Boston, MA: Pearson.