What is the meaning of Cash Basis?

Method of bookkeeping by which REVENUES and EXPENDITURES are recorded when they are received and paid. (See OTHER COMPREHENSIVE BASIS OF ACCOUNTING.).

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APABarry Goldsmith. (2010). cash basis. Retrieved September 26, 2026, from http://smartdefine.org/cash_basis/definitions/1149508
ChicagoBarry Goldsmith. 2010. "cash basis" http://smartdefine.org/cash_basis/definitions/1149508 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, cash basis, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/cash_basis/definitions/1149508>.
MLABarry Goldsmith. "cash basis" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/cash_basis/definitions/1149508>
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