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\nUnderstanding Accounting Principles: Cash Basis vs. Accrual Basis\n

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\n\nPublisher:\n\nLet's Tute\n\n\n
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\nIn this video, the teacher discusses two different accounting principles: the cash basis of accounting and the accrual basis of accounting. The cash basis records transactions only when cash is received or paid, while the accrual basis...\nIn this video, the teacher discusses two different accounting principles: the cash basis of accounting and the accrual basis of accounting. The cash basis records transactions only when cash is received or paid, while the accrual basis records transactions when they occur, regardless of cash flow. The video explains the advantages and drawbacks of each method and provides examples to illustrate the differences.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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8:34
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Grade
9th - Higher Ed
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Subjects
Career & Technical Education
1 more...
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Media Type
Instructional Videos
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Source:
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\nLet's Tute\n\n
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Date
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2022
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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business, expenses, books, accounting, assets
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Additional Tags

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what is accrual accounting, cash basis records, drawbacks, case study, incorrect status and stocks, 7th december, accrual method, television set, cash basis, 15th october, credit period, accrual concept, accounting books, transactions, cash, report, system, concept, services, customer, pending, model, amount, businesses, records, month, check, today, show, incomes, debtors
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Classroom Considerations

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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Accounting Principles: Cash Basis vs. Accrual Basis\" href=\"/subscription/new\">\"Understanding\n\n
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