Cash or Accrual Accounting. Which is best?

More than ten years ago, I was a junior in college, interning for a small business owner. On the last day of my internship, the owner asked me a question that has stuck with me ever since: “I don’t…
More than ten years ago, I was a junior in college, interning for a small business owner. On the last day of my internship, the owner asked me a question that has stuck with me ever since: “I don’t…