1899 (Interstate Commerce Comm.) Index 683 Accounting, principle of accruals basis of.
1970 12 Sept. 7 If a change is proposed..from the accruals basis to the cash basis..it is virtually certain that any amount of debts outstanding at the time of the change will be taxed twice.
2000 19/2 Both schedule A and schedule D income is taxed on an accruals basis.