Accountancy, asked by Saini3341, 11 months ago

What is accrual assumption​

Answers

Answered by sweetmunda07
3

Answer:

Hey ! mate here is my answer for your question

Explanation:

accrual assumption: accounting method that records revenues and expenses when they are incurred , regardless of when cash is exchanged.

the term "accrual" refers to any individual entry revenue or expense in the absence of a cash transaction.

I hope it will helps you.... Mark me brainliest and say thanks to my answers!!!!

Similar questions