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Accrual accounting relates the financial effects af a company 's transactions. a) so that the coats of nonoperationationalbevent are matched to the balance sheet in
Accrual accounting relates the financial effects af a company 's transactions. a) so that the coats of nonoperationationalbevent are matched to the balance sheet in the period impacted. b) to the period in which they occur rather than to when the cash receipts or payment occurs. c) so that the revenue impact of every transaction in a period is properly reflected in the income statement. d) so that the impact of every transaction is reflected in the statement of cash flows
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