Timing differences in recognizing revenues and expenses
|There are potential timing differences in recognizing revenues and expenses between accrual basis and cash basis accounting.
Four types of timing differences
a. Accrued Revenue: Revenue is recognized before cash is received.
b. Accrued Expense: Expense is recognized before cash is paid.
c. Deferred Revenue: Revenue is recognized after cash is received.
d. Deferred Expense: Expense is recognized after cash is paid.
Perbedaan waktu pengakuan pendapatan dan beban antara dasar akrual dan dasar kas
Empat tipe perbedaan waktu:
1. Pendapatan Akrual : Pendapatan diakui sebelum kas diterima.
2. Beban Akrual : Beban diakui sebelum kas dibayarkan.
3. Pendapatan Ditunda : Pendapatan diakui setelah kas diterima.
4. Beban Ditunda: Beban diakui setelah kas dibayarkan.