accrual basis
accrual basis
Finance dictionary of financial terms
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Economics and finance
Definition of accrual basis
accrual basis: Recognizes revenue at the point of sale and recognizes expenses that were incurred to earn that revenue (matching principle).
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of accrual basis
Meaning of accrual basis
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