Because accrual entries occur due to timing differences between cash movements and accounting recognition of revenue or expense, there are only a 2 possibilities.
First, cash movement and accounting recognition can [...]
Answer
occur at the same time, in which case there is no need for accruals.
Because accrual entries occur due to timing differences between cash movements and accounting recognition of revenue or expense, there are only a 2 possibilities.
First, cash movement and accounting recognition can [...]
Because accrual entries occur due to timing differences between cash movements and accounting recognition of revenue or expense, there are only a 2 possibilities.
First, cash movement and accounting recognition can [...]
Answer
occur at the same time, in which case there is no need for accruals.
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Open it body>Because accrual entries occur due to timing differences between cash movements and accounting recognition of revenue or expense, there are only a 2 possibilities.
First, cash movement and accounting recognition can occur at the same time, in which case there is no need for accruals.
Second, cash movement may occur before or after accounting recognition, in which case accruals are required.<body><html>
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
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