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5:07
YouTube
Everything Econ
The Accruals Principle: An Introduction
We give an introduction to the accruals principle in accounting. We look at the definition, try to understand the intuition behind this, and run through a simple example. The accruals principle ties in with the 'Matching Principle' or 'Matching Concept', 'Accruals Concept', and the 'Revenue Recognition Principle'. This is the basis of accrual ...
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