The Accrual Basis of Accounting is a method that records, expenses, sales and other matters at the time when they happen and not when cash changes hands (known as the Cash Basis of Accounting).
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The Accrual Basis of Accounting is a method that records, expenses, sales and other matters at the time when they happen and not when cash changes hands (known as the Cash Basis of Accounting).
« Back to Glossary Index