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Sorry, accounting 101.. Cash accounting is for small business....

  1. orionwoo
    5,993 Posts.
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    09/06/16
    18:27
    Post #: 17999293
    Sorry, accounting 101..

    Cash accounting is for small business.

    Accrual accounting is for large business.

    Cash receipts will offset AR on the book. It's a BS item, not a PL one.

    Next ?

    I know in finance term, they value cash more importantly. However apparently this is not what you are referring to.
    1PG Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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