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Loading the player... A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate and cash, that it intends to hold for more than a year.
Accrual Accounting. Definition: Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. The term accrual refers to any individual entry recording revenue or expense in the absence of a cash transaction . Most businesses typically use one of two basic accounting methods in their bookkeeping systems: cash basis or accrual basis.