Accounting Methods. Accounting methods refer to the basic rules and guidelines under which businesses keep their financial records and prepare their financial reports. There are two main accounting methods used for record-keeping: the cash basis and the accrual basis.
The Allied powers that consisted of the US, France, Britian, and the Soviet Union were formed on 12 October, 1940 in Versailles, France to counter fot the vast power the Axis â¦ Powers had.
Quick Answer. The Axis Powers is defined as the group of countries that signed the Tripartite Act in 1940, consisting of Germany, Italy and Japan. The term Axis Powers is sometimes broadened to include other countries that were allied with the Axis, including Bulgaria, Romania, Slovakia, Croatia, Hungary and Yugoslavia. Continue Reading.