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cash basis

   Also found in: Legal, Financial 0.03 sec.
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Noun1.cash basis - a method of accounting in which each item is entered as payments are received or made
accounting system, method of accounting, accounting - a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
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
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One startup decision that seems to cause entrepreneurs unnecessary consternation is selecting the right accounting method -- cash basis or accrual basis The primary purpose of the accounting method you choose is to calculate your business''s taxable income for federal (and state) income tax purposes One startup decision that seems to cause entrepreneurs unnecessary consternation is selecting the right accounting method -- cash basis or accrual basis.
Cash or Accrual Basis of Accounting? Which Should You Select when ... by K. MacKillop / Business community
The basis in those receivables is usually zero, since the corporation is on a cash basis of accounting and has not recognized any income associated with the creation of those receivables.
Salaries a big offset by Navani, Vinay S. / Journal of Accountancy
97 ------------------------------------------------------------------------ Cash Basis ROA (Annualized) -0.
Shinsei Bank Reports Consolidated Results for the Nine Months Ended ... by JCN Newswires
 
 
 
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