Ask Question
26 July, 14:39

Under which accounting method are revenues and expenses recognized in the same accounting period that cash receipts and payments occur?

a. under the accrual basis of accounting

b. under the direct write-off method of accounting

c. under the percentage of sales method of accounting

d. under the cash basis of accounting

+1
Answers (1)
  1. 26 July, 14:52
    0
    D. under the cash basis of accounting
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Under which accounting method are revenues and expenses recognized in the same accounting period that cash receipts and payments occur? a. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers