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Vadim26 [7]
2 years ago
14

Definition of Accrual Basis of Accounting

Business
1 answer:
Oksanka [162]2 years ago
3 0

Answer:

Under the accrual basis of accounting (or accrual method of accounting), revenues are reported on the income statement when they are earned. When the revenues are earned but cash is not received, the asset accounts receivable will be recorded.

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I If you were to advise DreamWorks Classics
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