- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What does "accounting method" mean on schedule c?
Topics:
June 4, 2019
11:18 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Accounting method means are you using the cash method or accrual method to report income/expenses. Most businesses use the cash method to record these transactions.
See links below.
http://www.investopedia.com/ask/answers/09/accrual-accounting.asp
https://ttlc.intuit.com/questions/1901175-what-is-the-accrual-method-of-accounting
https://ttlc.intuit.com/questions/1899315-what-is-the-cash-method-of-accounting
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 6, 2019
12:11 AM
3,511 Views