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Simple English definitions for legal terms

cash-basis accounting method

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A quick definition of cash-basis accounting method:

The cash-basis accounting method is a way of keeping track of money that only considers actual cash received as income and cash paid out as expenses. This is different from the accrual accounting method, which records income and expenses when they are incurred, regardless of when the money actually changes hands. Other accounting methods include cost accounting, fair-value accounting, and percentage-of-completion method.

A more thorough explanation:

Definition: The cash-basis accounting method is a system for determining income and expenses for tax purposes. It considers only cash actually received as income and cash actually paid out as an expense.

Example: If a business sells a product for $100 but the customer has not yet paid, the cash-basis accounting method would not recognize the $100 as income until the customer pays. Similarly, if a business pays for a service in advance but the service has not yet been provided, the cash-basis accounting method would not recognize the payment as an expense until the service is provided.

Explanation: The cash-basis accounting method only recognizes income and expenses when cash is actually received or paid out. This means that revenue and expenses may not be recognized in the same period in which they were earned or incurred. This method is simpler than the accrual accounting method, which records entries of debits and credits when the liability arises, rather than when the income or expense is received or disbursed.

cash bail | cash book

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I'm really sad it came to this.. but what are some law schools that will accept people with misconduct and irregularity of faking a transcript from lsac
I guess or from doing crimes too for that matter
yo how to delete messages
MrThickRopes
15:24
We walk in da graduation to day
MrThickRopes
15:25
That’s a lie we walk in it yesterday
MrThickRopes
15:26
Or maybe we walk in da graduation tomorrow
yeaaahhh
MrThickRopes
15:28
Yeah
MrThickRopes
15:28
Uhh
MrThickRopes
15:28
Yeah
MrThickRopes
15:28
Put dat beat on
MrThickRopes
20:27
I said PUT DA BEAT ON
20:31
mustard on da beat ho
22:14
im a slut for horse butt, #8 makes me feel great, horween makes my whore scream
22:20
catch me with this when I make partner
22:22
😍
22:24
Worth it
MrThickRopes
22:24
Uhhh
MrThickRopes
22:24
Yeaaah
MrThickRopes
22:25
Wake up in the morning gotta take a shit hop up in my lambo gotta take a shit headin to da club and i gotta take a shit poppin da champagne but i ruined it with shit
22:27
Woke up in the morning gotta thank god i dunno but today seems kinda odd no barking from the dog no smog mama cooked a breakfast with no hog i got my grub on but didn’t pig out finally got a call from a girl i wanna dig out
MrThickRopes
22:42
Wake up in the morning and i take a shit take off my pants cause they caked in shit go to da club and I’m finna get lit light up the blunt but it’s soaked in shit thrown on da curb because i took a shiiit
2:37
I fear you guys are not nearly locked-in enough
Why $0 at Harvard just to do litigation? Are you actually going to do your original plan post grad? @UncleIroh
12:48
U better be locked in as fuck to go to Harvard at sticker $600k debt is so nasty
dude is loaded if he’s getting 0 in aid from GMA
*hls fucking autocorrect
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