Home » Tags » Non cash transactions
Non cash transactions
Treatment of Non-Cash Transactions in Accrual Accounting
December 11, 2023
How does accrual accounting handle non-cash transactions?
Accrual accounting records non-cash transactions by recognizing them at fair market value. These transactions, like stock dividends or property exchanges, are accounted for based on their estimated worth at the time of occurrence.
Tags : Accrual Accounting , Non-Cash Transactions , Financial Reporting