Accrual in a Sentence πŸ”Š

Definition of Accrual

revenues and expenses that have been earned but are not yet recorded in the accounts

Examples of Accrual in a sentence

The manufacturer used accrual accounting to track revenue that was received but not yet officially recorded. πŸ”Š

Using an accrual method, the HR department kept up with employee days off that have been earned but not yet used.  πŸ”Š

The man’s quick accrual of debt caused his credit card companies to cancel all of his accounts. πŸ”Š

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