accrual bases
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accrual basis
noun
a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To accrual bases
WordNet
| accrual basis | |
noun | |
| 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 [ant: cash basis] |
WordNet® 3.0, © 2006 by Princeton University.
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00:10
Accrual bases
is always a great word to know.
So is quincunx. Does it mean:
| an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle. |
| a fool or simpleton; ninny. |
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