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Accrual

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20 August 2013 What is accrual tell me simple words
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 August 2013 It means suppose u incur expenditure of rs 100 for buying stationary on credit basis but will be paid later then you should book such exp not when paid but when u purchased.
This is accrual in simple words.
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