505800
Description
Flashcards by smjackson7, updated more than 1 year ago
|
Created by smjackson7
over 10 years ago
|
|
| Question | Answer |
| Cash Method: Revenue/Gain = | _________ in cash |
| Cash Method: Decreases/Losses = | __________ in cash |
| Accrual Method: Revenues/Gains are recognized when: | earned and measurable |
| Accural Method: Expenses/Losses are recognized when | incurred (used a resource to generate revenue) |
| In general, try to ______ revenues and expenses | match |
Want to create your own Flashcards for free with GoConqr? Learn more.