CPAnet Forum: Accrual vs Cash basis

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CayG
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Joined: 14 Jan 2009
Location: United States
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Posts: 51

Posted: 16 Sep 2009 at 11:00 \| IP Logged

Yup, it was late, I was tired and the thought of searching the forums didnt even occur to me.

thx for the help

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bird
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Joined: 22 Aug 2009
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Posts: 208

Posted: 16 Sep 2009 at 13:00 \| IP Logged

I would recommend using T-accounts, and then inputing hypothetical numbers so that you can see the difference between the cash and accrual methods determination of net income.

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