Cash Versus Accrual Basis of Accounting: An Introduction by Congressional Research Service

Cash Versus Accrual Basis of Accounting: An Introduction

Crs Reports

Congressional Research Service

24 pages missing pub info (editions)

nonfiction business economics challenging informative medium-paced
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This report introduces two general methods of accounting-the cash basis method and accrual basis method. The choice of accounting method determines the timing of the recognition of revenue and expenses. Under cash basis accounting, revenue and exp...

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