Which type of accounting method shiny accessories utilize


Problem: The company Shiny Accessories just filled an order for 80 bracelets. A bill is created with payment being due within 30 days. The transaction is recorded as a debit to Accounts Receivable and a credit to Sales, for $12 each, even though the customer has not paid yet. Which type of accounting method does Shiny Accessories utilize? Accrual accounting method Double-entry accounting method Cash basis accounting method GAAP accounting method

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Which type of accounting method shiny accessories utilize
Reference No:- TGS03417373

Expected delivery within 24 Hours