Question

what is accrual basis of accounting

Answer 1

accural basis of accounting is says that income is deemed when we have right to receive money ,not necessary we received or not

Answer 2

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$\bold{hello...frd\:swigy\:here}$

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$\bold\red{Accrual\:Accounting}$

Definition: 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 recording revenue or expense in the absence of a cash transaction.

I hope, this will help you

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