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Accrual basis accounting

Accrual basis accounting records the financial effects of transactions and other events and circumstances that have cash consequences in the periods in which those transactions, events and circumstances occur, regardless of the timing of related cash flows.

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Johann Karl Friedrich Rosenkranz

... After holding the chair of philosophy at Halle for two years, he became, in 1833, professor at the university of Königsberg[?], where he remained till his death. In his ...

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