Meaning Of The Word Accrual basis
What's the definition of Accrual basis? Find Accrual basis meanings, definitions and more at the Real Dictionary online.
Accrual basis Meaning
| Accrual basis Definition |
|---|
What's The Definition Of Accrual basis?
accrual basis in Accounting
noun: An accrual basis is a system of accounting where income is recognized before payment is received and expenses are recognized before they are paid. accrual basis in American English noun: a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Originate ‐ to bring into being; esp., to create (something…
- Ladybird ‐ countable noun: A ladybird is a small round beetle…
- Tinier ‐ adjective: very small; minute; comparative…
- Millimolar ‐ adjective: measured in, or relating to…
- Gape ‐ the act of gaping; to open the mouth wide, as…
- Twi-nighter ‐ noun: a twi-night…
- Namtar ‐ noun: the Sumerian and Akkadian demon personifying…
- -megaly ‐ combining form: a combining form meaning “ irregular…
- Consumer strike ‐ noun: a boycott of a product by consumers, often…
- Dirty bomb ‐ a nonnuclear bomb that has been packed with radioactive…