My CA only uses bank statements for our small business. Since we use accrual accounting, how can they truly capture income and expenses when many transactions (like invoices and bills) occur before cash actually moves?
L
Lina
@Lina
Posts
-
Do bank statements alone reflect accurate accrual accounting? -
What will be the impact of US banks' blockchain on the Indian crypto market?If US banks adopt blockchain for everyday payments, how will this impact Indian Bitcoin trading? Will increased US blockchain adoption affect Indian traders' Bitcoin activity?