The accrual-basis income statement reveals your revenue as it’s earned and your expenses as they’re incurred. If you bill your customers they usually pay sooner or later in the future, the income is technically earned whenever you invoice them, not…
The accrual-basis income statement reveals your revenue as it’s earned and your expenses as they’re incurred. If you bill your customers they usually pay sooner or later in the future, the income is technically earned whenever you invoice them, not…