Discussion Post: Accounting
US GAAP mandates for proper accrual journal entries to comply with the matching principle. Find an article that discusses how a business utilizes accrual journal entries. Then, present a summary of the article or provide a real-life example. Go to at least 2 other colleague's posts and discuss how the accrual journal entries impacted the business' financials.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.