Cash basis is a form of accounting that recognises revenues and expenses when physical cash goes in and out. This form of accounting is usually reserved for the use of sole-traders or small businesses.
Go back to the main Accounting Glossary page.
Cash basis is a form of accounting that recognises revenues and expenses when physical cash goes in and out. This form of accounting is usually reserved for the use of sole-traders or small businesses.
Go back to the main Accounting Glossary page.
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