财政会计的问题

紧急..

discuss the accrual basis of accounting and when it’s used; G.A.A.P. and what it stands for; how the accrual basis differs from the cash basis; what each of the basic financial statements reveals to the reader; and what determines the recognition point for revenues and expenses.

讨论权责发生制，当使用他时;美国通用会计准则以及它所代表的，为什么计算基础不同于现金的基础，哪些是基本的财务报表，以及决定了收入和费用的确认点

Accrual basis normally used in large company or those company which have sale on credits. Under accrual basis, the company recognise revenues and expenses when the transaction happened.

Cash basis normally used in retails or small company. Under cash basis, the company recognise revenues and expenses at the time when cash is actually received or paid.