מחבר ארכיון: eranlevidemo
Accrual vs Deferral in Accounting: Key Differences
For example, suppose you sell something in March but don’t get paid until May. You would record the revenue produced in March, and the payment received in March would offset the entry. Accrued revenue, like sales that have not yet been paid for, is first recorded as a debit to accrued revenue and a credit […]
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