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Accrual basis   /əkrˈuəl bˈeɪsəs/   Listen
Accrual basis

noun
1.
A method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Accrual basis" :   accounting system, accounting, cash basis, method of accounting



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