高頓網(wǎng)校小編為各位ACCA學(xué)員整理了一些考試必備知識點的解析和練習(xí)，希望大家查漏補(bǔ)缺，對考試有所幫助。
        Cash Basis Accounting
　　★Concept:
　　Accounting that records only transactions in which cash is received or paid.
　　★Tips:
　　1.Cash-basis accounting records only cash transactions:cash receipts and cash payments. Cash receipts are treated as revenues, and cash payments are handled as expenses.
　　★Sample:
　　【single selection】Masters Consulting had the following selected transactions in August. Which transaction would not be recorded under the cash basis accounting（  ）
　　A．Prepaid insurance for August through December, $1,000.
　　B．Purchased software for cash, $800.
　　C．Purchased computer on account,$1,600.
　　D．Paid account payable from August 19.
　　Answer: C