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Accrual-basis Accounting

A method of accounting that recognizes revenue when it is earned and expenses when they are incurred, regardless of when cash is received or paid. This approach provides a more accurate picture of a company’s financial performance by matching revenues with the related expenses that caused them.

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  • Home
  • Accounting Tutorials
    • Financial Accounting
    • Management Accounting
    • Cost Accounting
  • Q&A
  • MCQ
  • Calculators
  • Glossary
  • Blog