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What Is Accrual Accounting? A Complete Guide With Examples

por Gestion | May 5, 2021 | Bookkeeping

These salaries must be recorded in the period when the employees performed the work. Accrued interest refers to the interest that has been incurred on a loan or other debt but hasn’t yet been paid. This adjustment helps reflect the gradual wear and tear of assets over...

What Is Accrual Accounting? A Complete Guide With Examples

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