Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to decide between cash and accrual accounting for your business [title] Differentiate between the cash and accrual accounting methods for your business. [step] You need not have great accounting or business acumen, but you most definitely need to have an understanding of each system in order to make a decision that is right for you. Some business models are not even possible for one method versus the other.

Ending1: Determine which one will suit you best and make a decision after you've narrowed down your collection. [title] Learn which forms of accounting exist in the financial industry. Ending2: [substeps] In cash-basis accounting, you will record expenses in your ledger when you actually hand over your cash to the vendor. Conversely, when you record revenue in your financial sheets is when you actually get cash into your pocket. Ending3: If you are going to hold a cash interest, you will need to understand which of these methods will work and which will not, if ever. [substeps] Compare both approaches to decide which method will work for you. Ending4: [title] Learn the different methods of dividing your tax and gross income (ruw). [step] Ruw is for the fundamental management of your business, while gross income is used to determine your tax status.

Answer format: ending1/ending2/ending3/ending4