Accrual accounting

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What Is Accrual Accounting, and How Does It Work?

Accrual accounting is where a business records revenue or expenses when a transaction occurs using the double-entry accounting method.

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Accrual Vs. Cash Basis: Which Is Better for Small Business? https://tmdaccounting.com/cash-vs-accrual-basis-of-accounting-whats-best-for-small-business/

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Adjusting Entries | Double Entry Bookkeeping

Adjusting entries are journals made at the end of an accounting period. Adjusting entries ensure income and expenditure is allocated to the correct period.

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Accrual Accounting