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Given the following frequency distribution, the distribution is:
Cash Basis
Cash basis accounting is an accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.
Sales Revenue
The income received by a company from its sales of goods or the provision of services.
Adjusting Entries
Accounting records entries registered at the conclusion of an accounting period for the purpose of assigning revenues and expenses to the period they truly took place.
Accrual Basis
A bookkeeping approach that logs income and expenses at the time they are accrued, without taking into account the timing of the cash flows.
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