Question

what do u mean by accrual basis of Accounting​

Answer 1

Answer:

Explanation:

accrual basis of accounting definition. The accounting method under which revenues are recognized on the income statement when they are earned (rather than when the cash is received).

Answer 2

Answer:

What is a debenture in simple terms?

A debenture is one of the most typical forms of long term loans that a company can take. It is normally a loan that should be repaid on a specific date, but some debentures are irredeemable securities (sometimes referred to as perpetual debentures). The majority of debentures come with a fixed interest rate.