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Cash and Accrual accounting can you tell me the difference between the two?




Homework help? If you simply Google it, you'll find thousands of links that explain the difference between the two.

Sub: #1 posted on Wed, 08/25/2010 - 08:09

OhioGal1 OhioGal1
Moderators Cum Industry Expert
(Posts: 5253 | Credits: )

in cash basis revenues and expenses are reported when cash is received or paid but in accrual basis they are reported mostly before cash is received or paid when they occur. many say the second method of accounting is always better

Sub: #2 posted on Thu, 08/26/2010 - 02:57

bakerjon bakerjon

(Posts: 1086 | Credits: )


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