NOUN | possession | cash basis | a method of accounting in which each item is entered as payments are received or made |
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Meaning | A method of accounting in which each item is entered as payments are received or made. | |
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Broader | accounting, accounting system, method of accounting | A bookkeeper's chronological list of related debits and credits of a business |
Opposite | accrual basis | 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 |
Spanish | criterio de caja |
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