Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label accrued income.. Show all posts
Showing posts with label accrued income.. Show all posts
Wednesday, 13 January 2016

Accruals, prepayments, accrued income and deferred income.

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The accruals or matching concept states that we recognize an income or expense in the income statement in the period in which it is earned ...
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