Accrual Definition

ə-kro͝oəl
accruals
noun
accruals
The act or process of accruing.
Webster's New World
The amount that accrues.
Webster's New World
Something that accumulates or increases.
American Heritage

(accounting) A charge incurred in one accounting period that has not been paid by the end of it.

Wiktionary
Synonyms:
adjective
The definition of accrual is a way of showing income and expenses based on when the money is due/received, not when it is paid/given.
An example of accrual is when at year end a company reports the income actually in their account, not what is expected to be in their account when all monies are paid.
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Other Word Forms of Accrual

Noun

Singular:
accrual
Plural:
accruals

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