Fun Facts about the name Minu. When was the first name Minu first recorded in the United States? The oldest recorded birth by the Social Security Administration for the name Minu is Friday, October 8th, 1915. How unique is the name Minu? From 1880 to 2016 less than 5 people per year have been born with the first name Minu. Hoorah! You are a unique individual. Weird things about the name Minu: Your name in reverse order is Unim. A random rearrangement of the letters in your name (anagram) will give Nuim. How do you pronounce that?
Accrual Accounting. Loading the player... What is 'Accrual Accounting'. Accrual accounting is an accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur.
Under accrual accounting, revenues and expenses are booked when the revenues and expenses actually occur instead of when the cash transaction happens. To put these revenues and expenses in the right period, an accountant will book adjusting journal entries. For this example, the accountant would record an equal amount of revenue for each of the six months to reflect that the revenue is earned over the whole period.