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.
2. Understand why you need to accrue expenses. The accrual basis of accounting states that you must record revenues and expenses in the period in which they are incurred, not when cash is received or paid.The principle relating to expenses is called the matching principle.ake the appropriate adjusting entry. You accrue expenses by recording an adjusting entry to the general ledger. Adjusting entries occur at the end of the accounting period and affect one balance sheet account (an accrued liability) and one income statement account (an expense).