Not-for-profit entities
maintain which type of
Accounting system.
Answers
Answered by
0
Explanation:
- A non-profit organization can choose a cash accounting method or an accrual accounting method for recording its expenses and income. A cash accounting method records transaction amounts when the money trades hands. An accrual accounting method records the amounts when a transaction occurs.
Answered by
0
Answer:
A non-profit organization can choose a cash accounting method or an accrual accounting method for recording its expenses and income. A cash accounting method records transaction amounts when the money trades hands. An accrual accounting method records the amounts when a transaction occurs.
Explanation:
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