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    jabs's Avatar
    jabs Posts: 1, Reputation: 1
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    #1

    Jan 23, 2013, 01:23 PM
    Accounting questions help
    At year end, how does a cash basis partnership report expenses charged to a corporate credit card but not paid to the credit card company by 12/31?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jan 23, 2013, 03:49 PM
    Cash means cash so such transactions are carried over to the following year
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