Ask a New Question

The accrual accounting system is a standard system used by most businesses and is also the system used in the simulation. In relation to the rules of accrual accounting, consider the following question:

What is being "unaccounted" for?

Ask a New Question or answer this question.

Similar Questions

Accrual accounting is an accounting system in which the measurement of income is based on cash receipts and cash disbursements?
1. 1 answer
What are some areas or businesses, besides the government, where we may see value in cash accounting strategies?Incidentally,
1. 0 answers
Why do you think some smaller businesses do not carry receivables? What difference would this make in their decision to use cash
1. 0 answers
Bell Mountain Vineyards is considering updating its current manual accounting system with a high-end electronic system. While
1. 0 answers

more similar questions