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Definitions and Synonyms of accrual basis | Another word for accrual basis | What is accrual basis?

Definition 1: 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 - [noun denoting possession]

(accrual basis is a kind of ...) a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts

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