An accounting system that records income when it
is received and records expenses when they are paid. In contrast, the most
common account method records income when it is earned and expenses when they
"cash basis accounting." YourDictionary, n.d. Web. 18 January 2019. <https://www.yourdictionary.com/cash-basis-accounting>.
cash basis accounting. (n.d.). Retrieved January 18th, 2019, from https://www.yourdictionary.com/cash-basis-accounting
Yes, I'd like to receive Word of the Day emails from YourDictionary.com
By continuing, you agree to our
Please set a username for yourself.
People will see it as Author Name with your public flash cards.