What is accrual accounting? Can you give an example of this?© BrainMass Inc. brainmass.com June 3, 2020, 6:45 pm ad1c9bdddf
Accounting is the means by which information about an enterprise is communicated and, thus, is sometimes called the language of business. Many different users have need for accounting information in order to make important decisions. These users include investors, creditors, management, governmental agencies, labor unions, and others. Investors and other stakeholders in the firm need regular ...
This explains the accrual accounting examples.