AAPL 212.78 -1.1429% MSFT 386.0 -0.4693% NVDA 118.159 0.5437% GOOGL 162.26 -0.9946% GOOG 164.29 -1.1968% AMZN 194.215 -0.6776% META 590.9 1.1711% AVGO 189.5096 -3.0988% LLY 839.62 0.3118% TSLA 233.08 -1.1787% TSM 177.34 2.0603% V 339.53 -0.1% JPM 239.365 0.1066% UNH 510.88 1.5262% NVO 78.63 -0.4684% WMT 85.915 -0.4807% LVMUY 130.5 -2.1152% XOM 115.85 0.3812% LVMHF 655.0 -2.1687% MA 536.55 0.0858%
AAPL 212.78 -1.1429% MSFT 386.0 -0.4693% NVDA 118.159 0.5437% GOOGL 162.26 -0.9946% GOOG 164.29 -1.1968% AMZN 194.215 -0.6776% META 590.9 1.1711% AVGO 189.5096 -3.0988% LLY 839.62 0.3118% TSLA 233.08 -1.1787% TSM 177.34 2.0603% V 339.53 -0.1% JPM 239.365 0.1066% UNH 510.88 1.5262% NVO 78.63 -0.4684% WMT 85.915 -0.4807% LVMUY 130.5 -2.1152% XOM 115.85 0.3812% LVMHF 655.0 -2.1687% MA 536.55 0.0858%

Cash Accounting

Updated on August 29, 2023

Cash accounting is a process of recording transactions when they actually happen. For instance, income will be recorded only when the company receives cash and expenses are recorded whenever they are actually paid off and not at the time of billing.