Accounting Methods-Cash & Accrual

Описание к видео Accounting Methods-Cash & Accrual

Cash & Accrual Accounting Methods
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Cash Method or Basis of accounting recognizes revenue (earnings) in the period the cash is received and expenses in the period when the cash payments are made.

Accrual Method or Basis of accounting records income in the period earned and records expenses in the period incurred.

Free Accounting and Bookkeeping Help
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In a nutshell, my site Bean Counter is primarily an accounting educational and training site that offers free beginning bookkeeping and accounting tutorials, courses, exams, tests, quizzes, and games with a dose of humor injected.

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