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Accrual Accounting - record payments and expenses when earned or incurred. Contrasts cash basis accounting. Financial management and reporting vector illustration
Accrual Accounting - record payments and expenses when earned or incurred. Contrasts cash basis accounting. Financial management and reporting vector illustration.
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Accrual accounting
revenue recognition
matching principle
accrual method
cash method
financial management
accounting standards
gross receipts
inventory management
credit sales
business transactions
cash exchange
accounts receivable
accounts payable
revenue streams
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cash accounting
journal entries
capital movement
financial statements.
double-entry
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outflow
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