jemarcus1999
jemarcus1999 jemarcus1999
  • 25-01-2017
  • Business
contestada

When does accrual basis accounting record a transaction?

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emilyjackson
emilyjackson emilyjackson
  • 25-01-2017
When does accrual basis accounting record a transaction? When under new ownership.
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kmorrow kmorrow
  • 25-01-2017
The main difference between accrual and cash basis accounting is the timing of when revenue and expenses are recognized.
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