Question

advantges of accural basis of accounting​

Answer 1

Answer:

1. Realize True Profit. Accrual is the most popular accounting method because it delivers a more accurate representation of actual profit compared to cash. ...

2. Easy Forecasting. Future expenses and revenues are taken into account with accrual which makes for simple business planning. ...

3. Tax Expenses.

Answer 2

Answer:

Realize True Profit. Accrual is the most popular accounting method because it delivers a more accurate representation of actual profit compared to cash. ...

Easy Forecasting. Future expenses and revenues are taken into account with accrual which makes for simple business planning. ...

Tax Expenses.