Question

example of accrual concept​

Answer 1

Examples of accruals that a business might record are: Expense accrual for interest. A local lender issues a loan to a business, and sends the borrower an invoice each month, detailing the amount of interest owed. The borrower can record the interest expense in advance of invoice receipt by recording accrued interest.

Answer 2

Answer:

An airline sells it's ticket days or even weak before the flight mode but it doesn't record the payment

Explanation:

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