cash basis
ریشه و کاربرد
ریشه
The word 'cash' refers to money, and 'basis' refers to a foundation or principle.
مثال
- The small business uses the cash basis of accounting to simplify their financial records.
- Under the cash basis, revenue is recognized when cash is received, not when the sale is made.
- The tax regulations allow small businesses to use the cash basis for reporting their income.
ترکیبهای رایج
use the cash basis report income on a cash basis switch to the cash basis calculate profit on a cash basis
تعریف انگلیسی
noun
- a method of accounting in which each item is entered as payments are received or made