A. cash and credit
B. personal and impersonal
C. Accrual and Cash
D. Drawings and Private
Correct Answer: Option C
C. Accrual and Cash
Explanation
Accounting bases are the totality of method adopted by enterprises for applying fundamental accounting concepts to its Financial transactions. However, the two bases are cash and Accrual basis
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…