*2021 COVID Round II pre-rec

Basic Accounting Key Concepts: Cash vs. Accrual

https://www.youtube.com/watch?v=geJvlta9mSM

What is the difference between cash accounting and accrual accounting? And why does it matter?

Video available courtesy of The Farmer’s Office – Online. For more videos and resources for cultivating a financially sustainable business, visit http://thefarmersoffice.com.