Emergency contraception will not prevent pregnancy if a girl has unprotected sex after taking the ECPs. How Well Does It Work? About 2 in every 100 women who use ECPs will become pregnant despite taking ECPs within the recommended amount of time.
Accounts Payable are supported by invoices or billing statements. Accrued Expenses are expenses which relate to the current period; however, there is not an invoice on hand.
Timing. The basic difference between cash and accrual methods of accounting is related to timing of revenues and expenses. Cash basis recognizes revenues when money comes in and recognizes expenses when money is paid out. Cash basis doesn&amp;#039;t recognize accounts receivable or payable.