Respuesta :
Answer: Accrual accounting method recognizes and reports revenue when it is earned irrespective of when it is received. In laymen terms, it is recognized when a sale occurs. This recognition task can easily take up several forms as organizations provide different services and commodities to individuals.
Answer: Accrual accounting method recognizes and reports revenue when it is earned irrespective of when it is received.
Step-by-step explanation:
