NOUN
- a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
How To Use accrual basis In A Sentence
- The second ASpect of the meASurement process is often referred to AS matching cost and revenue and its fundamental to the accrual bASis of accounting.
- The income statement discloses revenues, expenses and net income on the accrual basis.
- Accrual Basis Accounting A method of reporting income when it is earned and expenses when incurred, even though they may not have been received or actually paid.
- The second ASpect of the meASurement process is often referred to AS matching cost and revenue and its fundamental to the accrual bASis of accounting.
- In order to building the VAT accounting model of separation, it is necessary to carry out accounting on the accrual basis.
- Article 7A donation transfer institution shall employ accrual basis accounting for the donation projects under its management.
- The second ASpect of the meASurement process is often referred to AS matching cost and revenue and its fundamental to the accrual bASis of accounting.
- The second ASpect of the meASurement process is often referred to AS matching cost and revenue and its fundamental to the accrual bASis of accounting.