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accrual basis

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noun

a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made.

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On the farm, the feed for chicks is significantly different from the roosters’; ______ not even comparable.
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Origin of accrual basis

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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