Farm and Ranch Financial Management: Cash vs. Accrual Accounting
Abstract
Most agricultural producers use cash accounting, although accrual accounting systems are best for measuring business performance. This publication explains how producers can adjust cash basis income to accrual income to achieve the best of both systems. Sample balance sheets and income statements are included.
Description
8 pp.Collections
Citation
Klinefelter, Danny A. (1996). Farm and Ranch Financial Management: Cash vs. Accrual Accounting. Available electronically from https : / /hdl .handle .net /1969 .1 /87698.