أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
The basic difference comes n timing. Accrual accounting books the expenses and revenues for a period whereas cash based accounting books these on actual cash receipt / paid basis. Thus, in accrual concept, we need to book the JEs for expected expn for the period for which we do the accounting. This is not the case in cash accounting.
