Adika is a street vendor selling pempeks from a small stall near a very market. The business is very busy with daily sales averaging 15,000 rupiah per week. Pempeks are made by Adika's family and delivered daily. Adika pays his family 30,000 rupiah each month for their help. Explain which method of recording transactions is more appropriate for Adika? Cash or Accrual??

Adika is a street vendor selling pempeks from a small stall near a very market. The business is very busy with daily sales averaging 15,000 rupiah per week. Pempeks are made by Adika's family and delivered daily. Adika pays his family 30,000 rupiah each month for their help. Explain which method of recording transactions is more appropriate for Adika? Cash or Accrual??

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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