Accounting Essay by Calwriter

An analysis of cash and accrual accounting methods.
# 58465 | 1,147 words | 4 sources | MLA | 2004 | US
Published on May 11, 2005 in Accounting (Financial) , Accounting (Managerial) , Business (Accounting)

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This paper discusses the two large categories of accounting methods that companies tend to use, cash and accrual. The paper presents a definition of both concepts, as well as a comparison between the two methods. The paper offers general recommendations about when it is advisable to use one or the other. The paper contends that, nowadays, most companies use the accrual method.

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