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modified accrual basis accounting

A way of recording revenues and expenses used by many government agencies, in which revenues are recognized during the accounting cycle in which the funds become available, and expenses are recognized during the accounting period in which the liability is created.

Related information about modified accrual basis accounting:
  1. What is modified accrual basis accounting? - BusinessDictionary.com
    Definition of modified accrual basis accounting: Method under which revenues are recognized in the period they become available and measurable, and ...
     
  2. MODIFIED ACCRUAL BASIS DEFINITION
    MODIFIED ACCRUAL BASIS accounting is a mixture of the cash and accrual basis. The modified accrual basis should be used for governmental funds.
     
  3. Basis of Accounting / Measurement Focus - New York State ...
    Modified Accrual Basis Accounting. Under this basis, revenues are recognized in the accounting period in which they become susceptible to accrual, that is, ...
     
  4. What is modified accrual basis accounting? - InvestorWords.com
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  5. A&R PPM filing 4,030 - Basis of Accounting
    Jun 29, 2012 ... Modified Accrual Basis accounting recognizes an economic transaction or event as revenues in the operating statement when the revenues are ...
     
  6. Definition - Accrual Basis Accounting - Women in Business - About ...
    ... cash-out basis; transactions are only recorded when money actually changes hands. Also Known As: Accrual Accounting, Modified Accrual Basis Accounting ...
     
  7. 1. Under the modified accrual basis of accounting, revenues ...
    Sep 1, 2008 ... Question - 1. Under the modified accrual basis of accounting, revenues. Find the answer to this and other Homework questions on JustAnswer.
     
  8. How do you convert modified cash basis to modified accrual basis ...
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