Accounting calculation

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

What is the accrual method of accounting? does it effect balance sheet?

Aug 26th, 2014

Accrual accounting : An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transaction occurs.

Yes! It affects the balance sheet 

Aug 26th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Aug 26th, 2014
...
Aug 26th, 2014
Oct 20th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer