What Is Cash Accouting?
July 18, 2022 ⚊ 1 Min read ⚊ Views 111 ⚊ BUSINESS
Cash accounting is a method of keeping financial records that involves recording transactions at the time that the transactions themselves take place. For instance, the company’s income will be recorded when it receives cash, and the company’s expenses will be recorded when they are actually paid out, rather than when the bill is initially presented to the company.
Tags: Cash Accounting, What is Cash Accounting
