Reconciling Accrual To cash basis Flashcards
1
Q
Accrual to cash
A
Change in cash = chg L + chg E - chg OA
2
Q
Cash to accrual basis
A
Change in cash = -chg L - chg E + chg OA
FAR > Reconciling Accrual To cash basis > Flashcards
Accrual to cash
Change in cash = chg L + chg E - chg OA
Cash to accrual basis
Change in cash = -chg L - chg E + chg OA