English, asked by satishjogin227, 3 months ago

state any 1 basis of accounting?​

Answers

Answered by itscutiepie13
4

Answer:

Answer: A basis of accounting is the time various financial transactions are recorded. The cash basis (EU VAT vocabulary cash accounting) and the accrual basis are the two primary methods of tracking income and expenses in accounting.

Explanation:

hope it helps you follow please

Answered by Anonymous
8

Answer:

Answer: A basis of accounting is the time various financial transactions are recorded. The cash basis (EU VAT vocabulary cash accounting) and the accrual basis are the two primary methods of tracking income and expenses in accounting.

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