CHAPTER 3
Cash- versus Accrual-Basis Accounting
3.1 Cash and Accrual Statements Illustrated
3.1 Cash and Accrual Statements Illustrated
p. 23, first paragraph, third sentence. Replace word “is” with “are.”
p. 24, Exhibit 3.1, under “The Johanna M. Stanneck Foundation, Statement of Activities, Income” section, sixth line. Replace “Total incomes” with “Total income.”
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