acct209 at Texas A&M

1. Cash vs. Accrual Accounting

in Chapter 3 (Video 1 of 10)
Some businesses operate on the Cash Basis of accounting, but most are on the Accrual Basis. Cash is super simple, Accrual gets a little trickier.

This Video Mentioned Some Formulas

– Expenses
Net Income

Did I miss anything in Chapter 3?

What Did I Miss?