Please provide detailed answers. TY

• Watch Accounting WITT’s video titled “Cash and Accrual – Conceptual”:
• Click here to open the video in a new window.
• Based on the video, explain two (2) advantages and two (2) disadvantages in using both the cash and the accrual basis of accounting.
• Then, determine the one (1) that you believe provides the most useful financial information to users.