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An accrual system of accounting prescribes; A. recording all expenses when payment is made. B. Recording assets when controlled C. Overstating the expenses​
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An accrual system of accounting prescribes;

A. recording all expenses when payment is made.

B. Recording assets when controlled

C. Overstating the expenses​

User Antu
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2 Answers

2 votes
the answer to this is B
User Chinaxing
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B -Accrual accounting measures a company's performance and position by recognizing economic events regardless of when cash transactions occur, whereas cash accounting only records transactions when payment occurs.
User Alfonsina
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