Principles of Accounting: 03. Cash vs. Accrual Basis
Last Updated 08/2025
English
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3 mins! Run Time
3 mins! Run Time
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Description
When a company tracks its income and expenses, the method it uses is called its "basis of accounting." The two most commonly used methods are called "cash basis" and "accrual basis." In this course, we'll talk about what these two methods are, how they differ, and the pros and cons of each.
