ACCRUAL BASIS
\ɐkɹˈuːə͡l bˈe͡ɪsɪs], \ɐkɹˈuːəl bˈeɪsɪs], \ɐ_k_ɹ_ˈuː_əl b_ˈeɪ_s_ɪ_s]\
Definitions of ACCRUAL BASIS
Sort: Oldest first
-
a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
By Princeton University
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"