Difference between revisions of "Accrual Accounting"
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| − | Accrual Accounting | + | '''Accrual Accounting''' (Also Accruals Accounting). A method of [[Accounting]] in which profit is calculated as the difference between income when it is earned and expenses when they are incurred. |
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[[Category:Accounting]] | [[Category:Accounting]] | ||
[[Category:Stub]] | [[Category:Stub]] | ||
Latest revision as of 16:05, 16 September 2021
Definition
Accrual Accounting (Also Accruals Accounting). A method of Accounting in which profit is calculated as the difference between income when it is earned and expenses when they are incurred.
