Cash Basis Accounting vs. Accrual Basis Accounting

For Understanding the differences and which you should use for your business. The main difference between accrual and cash basis accounting is the timing of when revenue and expenses are recorded and recognized. The cash basis method is more immediate in recognizing…

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WHY ACCOUNTANTS & BOOKKEEPERS ARE IMPORTANT PEOPLE IN ANY BUSINESS:-

Accounting is a process of recording, summarizing, analyzing and recording of financial transactions of an enterprise. Accounting is one of the most important functions of any business enterprise.Many business owners, especially those who manage small business, Neglects to see the importance of…

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