Question

hybrid basis of account​

Answer 1

Answer:

hybrid basis in Accounting

hybrid basis in AccountingA hybrid basis is a system of accounting that combines some of the features of cost basis with some of the features of accrual basis. When a business registers for Goods and Services Tax, it has to choose whether to account for the tax on a cash, accrual, or hybrid basis.

Answer 2

Answer:

hybrid basis is a system of accounting that combines some of the features of cost basis with some of the features of accrual basis. When a business registers for Goods and Services Tax, it has to choose whether to account for the tax on a cash, accrual, or hybrid basis.