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Definition of Cash basis
1. Noun. A method of accounting in which each item is entered as payments are received or made.
Lexicographical Neighbors of Cash Basis
Literary usage of Cash basis
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Applied Theory of Accounts by Paul-Joseph Esquerré (1914)
"The cash basis It may be that the policy of a concern is to keep its books on
the "cash basis," that is to say, to consider as income earned only that which ..."
2. Journal by United States, Congress (1912)
"cash basis fund. SEC. 83. The council may create and maintain a permanent revolving
fund, to be known as the cash basis fund, for the purpose of putting the ..."
3. Forest Owners' Guide to the Federal Income Tax by William C. Siegel, William L. Hoover, Harry L. Haney, Jr., Karen Liu (1996)
"The two accounting methods in general use are cash basis and accrual basis.
With the cash basis method, revenue is reported when actually or constructively ..."
4. Mine Accounting and Cost Principles by Thomas Orrin McGrath (1921)
"When the basis of accounting has not been determined beforehand part of the
accounting may be kept on an accrued basis and part on a cash basis which does ..."
5. Accrual Budgeting: Experiences of Other Nations and Implications for the by Christine E. Bonham, Elizabeth A. McClarin (2000)
"In the Netherlands, the governmentwide deficit/surplus is reported on a cash basis.
Proponents described accrual budgeting as a useful, if not critical, ..."
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