Tell me under the accrual basis of accounting, when revenues are reported in the

Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

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Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?..

Answer / Jitendra Kumar Kushwaha

Under the accrual basis of accounting, revenues are reported in the accounting period in which they are earned, regardless of when cash is received. This means that if a service has been provided or a product has been delivered, even if payment has not yet been received, the revenue should be recorded.

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