N.H. Code Admin. R. Rev 1101.03
Rev 1101.03
Effective Dec 9, 2022#1536, eff 2-19-80; ss by #2053, eff 6-10-82; ss by #2723, eff 5-23-84, EXPIRED 5-23-90 New. #5072, eff 2-21-91, EXPIRED 2-21-97 New. #6476, eff 3-26-97; ss by #8306, eff 3-22-05; ss by #10304, eff 3-22-13; ss by #13503, eff 12-9-22Department of Revenue Administration
"Accrual" means the basis of accounting under which:
(a) Revenues are recognized in the accounting period during which they are:
- (1) Earned; and
- (2) Become measurable; and
- (b) Expenses are recognized in the period incurred, if measurable.
Source. #1536, eff 2-19-80; ss by #2053, eff 6-10-82; ss by #2723, eff 5-23-84, EXPIRED 5-23-90 New. #5072, eff 2-21-91, EXPIRED 2-21-97 New. #6476, eff 3-26-97; ss by #8306, eff 3-22-05; ss by #10304, eff 3-22-13; ss by #13503, eff 12-9-22