Definitions
There is 1 meaning of the phrase
Method Of Accounting.
Method Of Accounting - as a noun
A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Synonyms (Exact Relations)
accounting15accounting systemHypernyms (Closely Related)
register9Hyponyms (Broadly Related)
Example Sentences
"The company uses the accrual method of accounting for its financial statements."
"Under the cash method of accounting, revenue and expenses are recognized when cash is received or paid."
"He learned the double-entry method of accounting in his college course."
"The company's chosen method of accounting must comply with the generally accepted accounting principles."
"The audit revealed irregularities in the company's method of accounting for inventory."
