Accrual Basis Accounting: Reconciliation Using Accounting Equation with Example
6:50
YouTubeMinimalist Accounting
Accrual Basis Accounting: Reconciliation Using Accounting Equation with Example
This lesson explains how to reconcile cash basis to accrual net income (or expense) and vice versa. Feel free to leave a comment down below if you have any questions or would like to suggest a topic for my next video. Accounting FTW! Time stamps: 0:00 Intro 1:00 Reconciliation process steps 1:53 The Accounting Equation 2:01 Equations to Use for ...
1.4K viewsSep 23, 2020
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