Create a 400 word paper each response the following questions:
This paper must be in essay format with complete sentences and complete paragraphs. Ensure you have an introduction and conclusion to your paper.
· What is the difference between accrual and cash accounting?
· How does the Matching Principle and the Revenue Recognition Principle support Accrual based accounting?
· Why is accrual based accounting accepted by GAAP?
· When might an accountant use cash basis accounting without violating generally accepted accounting principles?
You must Format your paragraphs consistent with APA guidelines.