[RAPHAEL OBIAGWU]

I want to understand how accural works and it full meaning

[Yuck]

Under the Accural method of accounting, revenues and expenses are recorded according to when they are earned and inccurred, not when the cash is received or paid.

Example: under the accrured method revenues are recognized when the customers are invoiced regardless when the payment is received.

Same for expense; a expense is recognized when the bill is received, not when payment is made.

Hope this answer you question !