Of course, staying out of jail is a good thing. And a good basic accounting system will provide useful financial information that will enable you to run your business proactively rather than ...

American Economic Association Quarterly, 3rd Series, Vol. 10, No. 1, Papers and Discussions of the Twenty-First Annual Meeting. Atlantic City, N.J., December 28-31 ...

See full definition Cash-Basis Accounting An accounting system that doesn't record accruals but instead recognizes income (or revenue) only when payment is received and expenses only when payment ...