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3 - Accrual vs. Cash-Basis Accounting

65,911 views

Larry Walther

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

100%
  • 5:49 / 5:47

Speech Rate:

  • 163 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

statements

/ˈstātmənt/

noun other

definite or clear expression of something in speech. Acts or processes of saying some things formally.

required

/rəˈkwī(ə)rd/

adjective verb

officially compulsory, or otherwise considered essential. To demand that someone does something.

transactions

/tranˈzakSH(ə)n/

noun other

instance of buying or selling something. An exchange in business usually involving money.

simpler

/ˈsimpəl/

adjective

Easier to understand; less complex.

generally

/ˈjen(ə)rəlē/

adverb

Usually; as a rule; by, to or for most people.

principles

/ˈprinsəpəl/

noun other

fundamental truth or proposition. Moral rules or beliefs governing a person's behavior.

accepted

/əkˈseptəd/

adjective verb

generally believed or recognized to be valid or correct. To agree to receive or take something offered.

process

/ˈpräˌses/

noun verb

series of actions towards achieving something. To deal with official forms in the way required.

expenses

/ikˈspens/

noun other verb

money spent on something. Paying money for something (big). offset against taxable income.

consider

/kənˈsidər/

verb

To think carefully about something.

business

/ˈbiznəs/

noun

Matter that has to be dealt with; task; situation.

between

/bəˈtwēn/

adverb preposition

in space separating things. In the space that separates two objects.

particular

/pə(r)ˈtikyələr/

adjective noun

Having firm ideas about what is desirable. individual item.

correctly

/kəˈrektlē/

adverb

In an accurate or correct manner.

misleading

/ˌmisˈlēdiNG/

adjective verb

Having the wrong or mistaken idea. To make someone have the wrong idea about a thing.

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