question archive The differences between the two types of accounting begin when the accountant records revenue and expenses
The differences between the two types of accounting begin when the accountant records revenue and expenses
Subject:AccountingPrice: Bought3
The differences between the two types of accounting begin when the accountant records revenue and expenses. In accrual basis accounting the individuals report income in the fiscal period the transaction take place regardless they received cash, and the accountants deduct expenses in the fiscal period that they incur whether or not they paid for it
