Can you explain the concept of the Triple Bottom Line Approach?
Does the concept of manifest destiny only apply to the US?
What are accruals and prepayments?
What is "accrual"?
What is accrual-based accounting?
What is the ancient Greek concept of hubris?
What is the definition of accrual accounting?
what is
Question by bernardjfarber (55)
Answer by NobodysHome (385)
In accounting, this means that instead of recording something when cash changes hands, it should be recorded when it has an effect - when it accrues.
Answer by Brandydog (631)
Accruals in accountaing are a collection of expenses and liabilities that may not have been paid or recieved. A debt is an accured expense.
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