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.
RY 169.95 -0.0999% TD 76.52 -0.3127% SHOP 109.18 -0.9795% CNR 150.25 -0.4835% ENB 56.8 0.6735% CP 108.62 0.9855% BMO 125.64 -0.7975% TRI 230.56 0.1912% CNQ 48.12 1.7766% BN 75.605 1.8798% ATD 72.76 -0.3834% CSU 4248.77 -0.2144% BNS 74.36 2.6505% CM 88.0 0.1365% SU 53.17 1.3534% TRP 64.85 0.3715% NGT 63.47 0.5067% WCN 246.98 -0.0688% MFC 41.51 0.9239% BCE 41.47 -7.4537%
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.