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cash basis
noun
- a method of recording income and expenses in which each item is entered as received or paid.
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Example Sentences
Now it was hard to realize that business must be brought to a cash basis.
From Project Gutenberg
He marked his goods down at an early day and began to “sell for cost,” conducting his operations on a strictly cash basis.
From Project Gutenberg
An "all cash basis" is not uncommon these days and often brings a sizable reduction in the asking price.
From Project Gutenberg
(c) Grocers catering to a cheaper class of trade, largely upon a cash basis.
From Project Gutenberg
And it has to be done on a cash basis, for debt would worry Tony out of his wits.
From Project Gutenberg
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