Question

disadvantages of cash basis of accounting ​

Answer 1

Answer:

Disadvantages. Not very accurate: Since it is only recorded cash transactions, It doesn't include all the transactions.Plus under this accounting revenue or expenses is recorded when the company receives or pays cash, even in the different accounting period.

Answer 2

Answer:

hii here is ur answer

the main disadvantage are these it more complex then the cash basis and that Income taxes may be on only when you before payment it is actually received.

I hope it help u ........