_____-basis accounting matches income and expenses against a period, and ______ -basis accounting records income when the money is received and expenses when the purchase is made or the bill is paid.

Question

_____-basis accounting matches income and expenses against a period, and   ______ -basis accounting records income when the money is received and expenses when the purchase is made or the bill is paid.

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The Answer of _____-basis accounting matches income and expenses against a period, and   ______ -basis accounting records income when the money is received and expenses when the purchase is made or the bill is paid.

_____-Basis Accounting Matches Income and Expenses Against a Period, and