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单词 accrual accounting
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accrual accounting
accrual accounting n. the practice of accounting on an accrual basis.
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society > trade and finance > management of money > keeping accounts > [noun] > specific processes
allowance1528
allocation1535
writing1732
liquidating1749
set-off1766
write-back1873
whack1885
clear-up1901
virement1902
accrual accounting1915
writedown1920
accruals accounting1963
cookie jar1975
1915 Proc. 9th Ann. Conf. National Tax Assoc. 330 If the corporation has been using a system of accrual accounting, you cannot go back and translate that into a system of cash accounting.
2003 D. L. Scott Wall St. Words (ed. 3) 3 For example, using accrual accounting, sales are recorded as revenue when goods are shipped even though payment is not expected for days, weeks, or months.
extracted from accrualn.
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