accrual method (n)~ An accounting method that recognizes revenues when they are earned and expenses when they are incurred regardless of when they are received or paid. accrued cost (n)~ A transaction that is recorded in a profit and loss account by an expense transaction.
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accrual method (n)~ An accounting method that recognizes revenues when they are earned and expenses when they are incurred regardless of when they are received or paid. accrued cost (n)~ A transaction that is recorded in a profit and loss account by an expense transaction.
