On other hand when we sell goods and not receive money immediately but after some time it is accural basis.
We use accural basis in business.
Written on March 24, 2018, 8:35 p.m.
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What is accrual basis & cash basis in Accounting
Govind GoyalDear, when we sell goods and receive money in cash, it is cash basis
On other hand when we sell goods and not receive money immediately but after some time it is accural basis.
We use accural basis in business.
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