EAG-036: Financial Management: Cash vs Accrual Accounting
cash vs. accrual accounting information sheet

210550, 15; 222550, 85;
Publication Date: 2017 April New
Email: mwaller@tamu.edu

Product Code: EAG-036

Free Electronic download only.  This publication explains the differences between cash and accrual accounting and suggests how farmers and ranchers can get the best of both accounting systems. There are sample income statements and a table to illustrate the adjustment of cash basis records to approximate accrual basis records. (4 pp., 6 tables) By: Danny A. Klinefelter, Dean McCorkle, Steven Klose