let's do it on an accrual basis.

So at least for month 1, the cash basis and the accrual basis of accounting

But when you look at the Accrual basis it actually reflected what happened.

So in the accrual basis of accounting, you would say that you earned 400 of revenue in this month.

But if you look at the accrual basis it better reflects that you actually did some catering that month.

This is the cash basis of accounting and this is the accrual, and let's just look at the income statement

let's do the accrual accounting income statement.

Basis

Day counting basis

To see the difference between cash accounting and accrual accounting

And what I'll do, I'll do the accrual accounting right here

So I'm gonna start of, we're gonna focus on month 2 and what I've done is I've rewritten some of this accrual income statement down here so it really looks like a statement so this right here is the income statement for month 2 on an accrual basis.

So basis of utilitarianism

These form the basis.

This is the basis.

So whether you do the cash basis or accrual basis you have the same exact amount of cash, what's more interesting is how the profit relates in each of the periods, and I'll talk about that in a little more depth in the next video.

Synesthesia runs in families, so Galton said this is a hereditary basis, a genetic basis.

We work on a piecework basis.

Basis for the index. html template

Becoming the basis of the economy.

Making conclusions on your own basis...

...a more rational basis for peace.

These form a basis for R2.

You have no basis for comparison.

Needtoknow basis, that kind of shit.

This is our income statement for month one on a Cash basis and a Accurual basis

Now there's one thing that you're probably confused by right now well you know, how do we reconcile everything with the cash we know that over this period we got 200 in income on an accrual basis.

It's not the basis of the rule of law, it's not the basis of a free society.

It is important to strengthen the basis.

Greetings are the basis of good manners.

The conclusion rests on a solid basis.

What is the basis for the argument?

He has no basis for his opposition.

He has no basis for his opposition.

Compassion is the basis of all morality.

. ..the elementary basis of the subconscious mind.

I'm your backup on a needtoknow basis.

That information is on a needtoknow basis.

With maybe some basis in historical events.

I say it on a daily basis.

You'll be briefed... ...on a needtoknow basis.

And I won't go too complicated into cash and accrual accounting and all that right now.

2 This event recurs on a weekly basis

5 This event recurs on an annual basis

This theory was founded on a scientific basis.