If a business records revenue when it is received and records the purchase of a building as an asset and makes adjustments to allocate the cost of the building over many accounting periods,the business accounting system is a(n)
A) accrual basis of accounting.
B) adjustment basis of accounting.
C) cash basis of accounting.
D) modified cash basis of accounting.

Question

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The Answer of If a business records revenue when it is received and records the purchase of a building as an asset and makes adjustments to allocate the cost of the building over many accounting periods,the business accounting system is a(n)
A) accrual basis of accounting.
B) adjustment basis of accounting.
C) cash basis of accounting.
D) modified cash basis of accounting.

If a Business Records Revenue When It Is Received and Records