Accrual Method of Accounting

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One of the two most common methods of accounting, the other being the cash method. Under the accrual method of accounting, income is reported in the tax year earned, whether or not received, and deductions are claimed in the tax year incurred, whether or not paid.

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constructive receipt

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accretion
Accretion (of a discount
Accrual Accounting
Accrual Accounting Convention
Accrual basis
accrual bond
accrual method
Accrual Method of Accounting
accrue
Accrued benefits
accrued but unpaid
accrued depreciation
Accrued Discount
Accrued Expense
accrued interest

Financial Dictionary

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