Accrual accounting

From WikiMD's Food, Medicine & Wellnesspedia

A form of accounting in which all transactions are recognized and recorded at the time income is earned or expenditures are incurred, regardless of when payment is actually made or received. The method is in contrast to cash accounting.


edit 

WikiMD Navigation

Join WikiMD as a freelancer or paid editor and help improve the page Accrual accounting or others.

Wiki.png

Navigation: Wellness - Encyclopedia - Health topics - Disease Index‏‎ - Drugs - World Directory - Gray's Anatomy - Keto diet - Recipes

Search WikiMD


Ad.Tired of being Overweight? Try W8MD's physician weight loss program.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro) available.
Advertise on WikiMD

WikiMD is not a substitute for professional medical advice. See full disclaimer.

Credits:Most images are courtesy of Wikimedia commons, and templates Wikipedia, licensed under CC BY SA or similar.


Contributors: Admin, Prab R. Tumpati, MD