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Differences Between Accrual-Basis and Cash-Basis Accounting
![A cashier at a hotel in Thailand](../../../../../../../../../figures.boundless-cdn.com/12357/full/2406508840-8df5ff0509.jpeg)
A cashier at a hotel in Thailand
The cash-basis method, unlike the accrual method, relies on the receipt and payment of cash to recognize revenues and expenses.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Cashier | Flickr - Photo Sharing!."
http://www.flickr.com/photos/stefanedberg62/2406508840/
Flickr
CC BY-SA.