What are the various kinds of Financial Accounting?

<p dir="ltr">There are two types of financial accounting; Aash Accounting and Accrual Accounting.</p><p dir="ltr">Cash accounting is a method of Accounting where transactions are recorded when cash is received or paid out, rather than when revenues are earned or expenses are incurred.&nbsp;</p><p dir="ltr">On the other hand, Accrual accounting is a method of accounting where revenues and expenses are recognised when they are earned or incurred, regardless of when the actual cash transactions occur.&nbsp;</p>

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