Cash method of accounting

id: cash-method-of-accounting-196-5408439
title: Cash method of accounting
text: The cash method of accounting, also known as cash-basis accounting, cash receipts and disbursements method of accounting or cash accounting records revenue when cash is received, and expenses when they are paid in cash. As a basis of accounting, this is in contrast to the alternative accrual method which records income items when they are earned and records deductions when expenses are incurred regardless of the flow of cash.
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category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Cash_method_of_accounting
date created:
date modified: 2023-07-19T16:21:23Z
main entity: {"identifier":"Q1308430","url":"https://www.wikidata.org/entity/Q1308430"}
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fields total: 13
integrity: 13

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