NON-DISCRETIONARY ACCRUAL Definition

NON-DISCRETIONARY ACCRUAL is a mandatory expense/asset that is recorded within the accounting system that has yet to be realized. An example of this would be payroll taxes.

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ROG, in business, is an acronym meaning Receipt Of Goods.

SUMMARY ACCOUNT is a ledger account (such as a control account) whose balance represents the total of other account balances.

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