How to understand accrual accounting? Accruals. Receivables and payables?

It's all the same saying. Accruals.

Accrual basis, also known as accrual basis.

Under the accrual basis, income and expenses attributable to the current period include not only the income actually received and the expenses actually incurred in the current period, but also the income received and expenses paid in the next period, and may also include the income and expenses incurred in the previous period. Therefore, at the end of the accounting period, in order to determine the income and expenses of the current period, the account books and records must be adjusted according to the principle of attribution.

The accrual principle, also known as the accrual basis and accrual principle: a principle that determines the attribution period of income and expenses based on the occurrence of rights and liabilities. It refers to the recognition of income and expenses and claims and liabilities for the current period by the occurrence of the right to receive cash or the liability to pay cash.

That is, income is recognized according to the occurrence of cash income and future cash income claims; Expenses are recognized as cash outlays and future cash outlay liabilities are incurred. Rather than recognizing revenue expenses in terms of cash receipts and payments. In accordance with the accrual principle, all income realized in the current period and expenses incurred or should be borne in the current period, regardless of whether the payment has been received and paid, should be treated as income and expenses for the current period; Income and expenses that are not part of the current period, even if they have been received and paid in the current period, should not be treated as income and expenses for the current period.

Therefore, accrual accounting is an element of accounting.

Recognition of measurement requirements, which address the issue of when and how much income and expenses are recognized.

Hello. Accrual accounting means that now I sell something and give you 100 yuan, and you pay me at that time, and I will earn 100 yuan today. If I have a good relationship with you, and you don't bring money today, and say that you will give me money tomorrow, then I will keep the account as long as you give me tomorrow for 100 yuan.

I've never heard of what you said about accruals and receivables. There are two types of accounting: accrual accounting, cash basis.

This question should be c.

I remember that I did this question on the test yayawang duzh station, and the accounting installment refers to the dao

The production and business activities of an accounting entity are divided into a number of equal accounting periods for the purpose of settling accounts and preparing financial reports. Due to the accounting periodization, there is a difference between the current period and other periods, thus forming a different accounting basis for the accrual basis and the cash basis, and then there are accounting treatments such as receivable, payable, advance receipt, prepayment, depreciation, amortization, etc., so the answer is c.

1. Accrual basis: also known as "receivables and payables". It is a system for dealing with economic transactions based on whether the expenses and income incurred in the current accounting period should be included in the profit or loss of the current period.

1. All expenses incurred in the current period that should be compensated from the income of the current period, regardless of whether the monetary funds actually paid or not paid in the current period or not, shall be treated as expenses of the current period.

2. All income attributable to the current period incurred in the current period, regardless of whether the monetary funds actually received or not received in the current period shall be treated as income in the current period. The implementation of such a system is conducive to accurately reflecting the cost level and profit and loss situation of each period.

2. Cash basis: also known as "cash basis" or "pay-as-you-go basis". It is the symmetry of "accrual accounting".

In accounting, it is a method of determining the income and expenses of the current period based on whether the payment has been received or paid as the calculation standard. All payments actually received or paid during the period, whether or not they occurred or should have been borne by the current period, are treated as income and expenses for the current period.

Financial accounting is based on the accrual basis.

Accrual basis: All the income realized in the current period and the expenses that have been incurred or should be borne in the current period, regardless of whether the payment is received or paid, should be included in the income statement as the income and expenses of the current period; Income and expenses that do not belong to the current period, even if they have been received and paid in the current period, shall not be treated as income and expenses for the current period.

Cash basis: The actual receipt of trillions or cash payments and their timing are used as the basis for recognizing income and expenses.

The budget accounting business is relatively simple, and the accrued income, accrued expenses, pre-received income, and prepaid expenses are very small, so the cash basis is used.

The cash basis is the basis for measuring the two accounting elements of income, surplus and expense, which correspond to the accrual system. The cash basis, also known as the paid-in basis, refers to the recognition of current income and expenses based on the actual receipt or payment of funds in accounting.

The following two points should be achieved when handling accounting business according to the principle of cash basis.

1. All income actually received and expenses paid during the current period, regardless of whether they should be attributed to the current period, shall be treated as income and expenses of the current period;

2. Any income not received in the current period and expenses not paid shall not be treated as income and expenses in the current period, even if they should be attributable to the current period.

Reversal refers to the reversal of the asset within the scope of the original provision for impairment when the factors affecting the impairment of the asset disappear and the value of the asset recovers.

In layman's terms.

The cash basis is based on the receipt of money. The money received in the current month is considered the income of the current month, and the money paid in the current month is considered the expenditure of the current month, and it is not considered whether the income and expenditure should belong to the current month.

The accrual basis is based on the actual occurrence of economic transactions. What belongs to the current month is of course counted as the current month, and the income or expenditure that does not belong to the current month, even if it is received or spent in the current month, it should not be reflected in the current month.

Accrual accounting: All income realized in the current period and expenses incurred or should be borne in the current period, regardless of whether the payment is received or paid, should be recognized as income and expenses for the current period; Income and expenses that do not belong to the current period, even if they have been received and paid in the current period, shall not be treated as income and expenses for the current period.

Cash basis: Cash received or paid is used as the basis for recognizing income and expenses.

Fundamentals of Accounting. The so-called accounting basis is the method of accounting for the accounting period in which income and expenses are recognized, and the accrual basis and the cash basis are two completely different recognition methods.