英语翻译Accrual accounting versus cash-basis accountingin measur

英语翻译
Accrual accounting versus cash-basis accounting
in measuring earnings,which provide signals about cash flows,should revenues and expenses be reported on the basis of cash inflows and outflows or on the basis of transactions that have present and future cash consequences?Accrual accounting focuses on transactions and other economic events that have cash consequences rather than strictly on cash receipts or cash disbursements,Under accrual accounting,transactions and other economis events are recorded when they occur,but revenues are reportes when they are earned and the amount and timing of their revenue can be reasonably estimated.Expenses are reported in accordance with the matching principles,and are deducted from revenur to determine net income .Under cash-basis accounting.In contrast,revenues are reported when cash is received,and expense are reported when cash is paid.
第五行的 other economis 换成 other economic