cash basis English

Meaning cash basis meaning

What does cash basis mean?

cash basis

— noun a method of accounting in which each item is entered as payments are received or made

Examples cash basis examples

How do I use cash basis in a sentence?

Simple sentences

This store is operated on a cash basis.

News and current affairs

For a very low cash outlay - and perhaps none at all on balance - we could conserve nature and thus protect the basis of our own lives and livelihoods.