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Difference Between Cash Accounting and Accrual Accounting

September 25, 2011Posted byAdmin

Cash Accounting vs Accrual Accounting A business uses an accountant with sound accounting knowledge to prepare a company’s financial statements. These financial statements can be prepared by using either of the two methods; cash accounting or accrual accounting. Cash accounting and accrual accounting are distinguished from each other based on the types of businesses that […]

Filed Under:AccountingTagged With:accounting book,accounts payable,accounts receivable,accrual accounting,accrual accounting method,accrual vs,cash accounting,cash accounting method,cash vs,Financial statements,transactions

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