Accrual meaning

ə-kro͝oəl
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Accrual is defined as the act of accumulating something, or a thing that gathers together.

An example of accrual is the act of saving money.

Ants gathering around a pile of sugar is an example of an accrual.

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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.

adjective
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The act or process of accumulating; an increase.
noun
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Something that accumulates or increases.
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The act or process of accruing.
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The amount that accrues.
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An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose.
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(accounting) A charge incurred in one accounting period that has not been paid by the end of it.
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