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ACCOUNTING I Dersi Accrual Accounting and Adjusting Process soru cevapları
ACCOUNTING I Dersi Accrual Accounting and Adjusting Process soru detayı:
SORU:
What does accrual basis accounting refer to?
CEVAP:
In accrual basis accounting, companies record revenues when they perform services (rather than when they receive cash) and record expenses when they are incurred (rather than when paid).