BAM110: Introduction to Accounting

​​When are sales recognized under the cash basis of accounting? When are expenses recognized? Explain.

Be sure to provide a citation and a reference for any materials used, including the required textbook. The following points are designed to help you understand how to provide proper citations and references for your work:

Sources are listed in two places.

The first, a citation, is briefly listed within your answer. This includes identifying information that directs the reader to your list of references at the end of your writing assignment.