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Accrual

Accrual logo #10101) Accretion 2) Accruement 3) Accumulation 4) Building of interest 5) Gaining of interest 6) Increase 7) Increase in interest 8) Interest accumulation 9) Interest gain 10) Kind of basis in accounting 11) Savings account gain 12) Something accrued 13) Step-up 14) The act of accumulating
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Accrual

Accrual logo #21000 Accrual (accumulation) of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting. These types of accounts include, among...
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Accrual

Accrual logo #21002• (n.) Accrument.
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Accrual

Accrual logo #20102The amount of money that is set aside to cover expenses. The accrual is the plan's best estimate of what those expenses are, and (for medical expenses) is based on a combination of data from the authorization system, the claims system, lag studies, and the plan's prior history.
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Accrual

Accrual logo #22643The accumulation of payments or benefits over time
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Accrual

Accrual logo #20972Ac·cru'al noun Accrument. [ R.]
Found on http://www.encyclo.co.uk/webster/A/16

Accrual

Accrual logo #20671A term used in company accounts where income is due or a cost is incurred during an accounting... <a target=_blank href='http://www.finance-glossary.com/terms/accrual.htm?id=11&ginPtrCode=00000&PopupMode=false' title='Read full definition of accrual'>more</a>
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Accrual

Accrual logo #23117The recognition of assets, expenses, liabilities or revenues after the cash value has been determined, but before it is transferred.
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Accrual

Accrual logo #23041An expense due but not yet recorded in books, e.g. wages being paid in arrears.
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accrual

accrual logo #21199the act or process of accruing. · something accrued; accretion.
Found on https://www.infoplease.com/dictionary/accrual

Accrual

Accrual logo #23570Accrual represents revenues and expense, which are not recorded on a firm?s balance sheet; however, they have an impact on the firm?s income and assets that are based on accrual accounting, such as accounts receivable, accounts payable and interest expenses.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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