Assertion: cash accounting | /r/CapableOf | record income
Facets:
Source sentences:
text: Cash accounting is an accounting method that records income when it is received and records expenses in the period in which they are paid
text: Definition: Cash basis accounting is an accounting system that recognizes and records income and expenses as they are paid in cash.
text: Cash accounting records income and expenses as they are received and paid (when the money trades hands).