method of accounting vs cash basis
cash basis vs method of accountingmethod of accounting and cash basis both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| method of accounting | Yes | No | No | No |
| cash basis | Yes | No | No | No |
As nouns,
cash basis is a hyponym of
method of accounting; that is, cash basis is a
word with a more specific, narrower meaning than
method of accounting:
- method of accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
- cash basis: a method of accounting in which each item is entered as payments are received or made
Other hyponyms of method of accounting include
control account, accounting entry, entry, ledger entry, credit side, debit side, accrual basis, pooling of interest, audit, audited account, limited review, review.
| method of accounting (noun) | cash basis (noun) |
|---|---|
| a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts | a method of accounting in which each item is entered as payments are received or made |
Words related to "method of accounting"
Words related to "cash basis"
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