What is the Difference Between Accrual & Cash Accounting?

What is the difference between accural and cash accounting?

The major difference between accrual and cash basis accounting the timing for recording the revenues and the expenses. When using the Cash Accounting Method, your revenues and expenses are immediately recognized. In contrast, accrual accounting focuses on anticipated revenue and expenses. Key Factors In Accrual Accounting the entries for revenue and expenses happen when they […]

The Five Biggest Mistakes That Entrepreneurs Make

The Five Biggest Mistakes Entrepreneurs Make

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Book Review: Is This Book Worth The Price?

Is This Book Worth the cost?

Today, we are on episode number 121 and our topic is on “Book Review “Government Contracting- How to Register Your Business, Land Huge Contracts, and Make it Rain!: The Only Guide You Need To Work For the Government Guaranteed “ written by Brad W. King. First, let’s discuss why I decided to do a book […]