Debits & Credits and Accrual vs Cash Accounting

Ryan explains debits and credits and also discusses accrual basis accounting versus cash basis accounting.

 

Would you like to become a client? Complete one of our client intake forms here:

https://www.thepulicegroup.com/contact

 

Free e-Book Download

 

The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.