Skip to content
SourceLaw Dictionary Browse Letter A

Accrual Basis Accounting

Legal definition for Indian law research

Definition

accrual basis accounting


An accounting method that records sales, expenses or other events at the time they occur, rather than when cash changes hands


Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial