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  • Accrual Basis

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    Dahyun Dahyun
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    Accrual basis is an accounting method that requires entries at the end of an accounting period to adjust various accounts internally to adhere to the matching principle of accounting. These adjustments ensure expenses and revenues are recorded in the appropriate period to provide an accurate picture of a company's financial performance over that time.

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    reviewer in accounting

    Original Title

    AC4

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    Accrual basis is an accounting method that requires entries at the end of an accounting period to adjust various accounts internally to adhere to the matching principle of accounting. These adjustments ensure expenses and revenues are recorded in the appropriate period to provide an accurate picture of a company's financial performance over that time.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    6 views1 page

    Accrual Basis

    Uploaded by

    Dahyun Dahyun
    Accrual basis is an accounting method that requires entries at the end of an accounting period to adjust various accounts internally to adhere to the matching principle of accounting. These adjustments ensure expenses and revenues are recorded in the appropriate period to provide an accurate picture of a company's financial performance over that time.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 1

    Accrual basis

    Entries required at the end of an accounting


    period to record internal adjustments of
    various accounts due to the matching principle
    of accounting

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