Accrual-basis accounting is the method that recognizes revenue when it is earned and matches expenses to those revenues.

Name: Accrual-basis accounting is the method that recognizes revenue when it is earned and matches expenses to those revenues.
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Accrual-basis accounting recognizes revenue when it is earned, regardless of when payment is received, and matches expenses to those revenue, even if payment is not made until a later date.

Accrual-Basis Accounting Is the Method That Recognizes Revenue When It