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Cash Basis Accounting
The short answer
An accounting method that records revenue when cash is received and expenses when cash is paid.
What is Cash Basis Accounting?
An accounting method that records revenue when cash is received and expenses when cash is paid.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
