Principles of Accounting 03: Cash vs. Accrual Basis Principles of Accounting 03: Cash vs. Accrual Basis

eLearning Courses by HSI Collection by Trainery Content

$24.95
V410
6271-ONL-E
2 Min

When a company tracks its income and expenses, the method it uses is called its "basis of accounting." The two most commonly used methods are called "cash basis" and "accrual basis." In this course, we'll talk about what these two methods are, how they differ, and the pros and cons of each.

When a company tracks its income and expenses, the method it uses is called its "basis of accounting." The two most commonly used methods are called "cash basis" and "accrual basis." In this course, we'll talk about what these two methods are, how they differ, and the pros and cons of each.

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