Consider a healthcare organization with which you are familiar with and explain the difference between cash and accrual accounting in healthcare setting

our Discussion postings should be written in standard edited English and should follow APA guidelines. Be sure to support your work with specific in-text citationsfrom this week’s Learning Resources.  Refer to the Pocket Guide to APA Style to ensure that your in-text citations and reference list are correct. Initial postings must be 250–350 words (not including references).

Choose one of the following:

1. The income statement, balance sheet, and statement of cash flows are three major financial statements that present varying snapshots of an organization’s financial position. For this topic discussion, consider a healthcare organization with which you are familiar with and examine the purposes and components of these documents. How they may be utilized within healthcare organizations?
2. Consider a healthcare organization with which you are familiar with and explain the difference between cash and accrual accounting in healthcare setting. Be sure to include a discussion of the revenue recognition and matching principles.

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