Under accrual-based accounting, accountants aim to record transactions in the period they relate to rather than the period in which they are paid. This complies with the accounting principle of ...
If you run your business on a cash basis, accrued income isn't an issue. With cash accounting, you only report income when you get paid, so you don't record interest accrued on an investment. If you ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback