Meaning Of The Word Accrual basis

Real Dictionary

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
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

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