Nevada § 354.479 - “Accrual basis” defined
Full text of Nevada Nevada Revised Statutes § 354.479 — “Accrual basis” defined, with citation guidance and answers to common questions.
§ 354.479. “Accrual basis” defined
“Accrual basis” means the basis of accounting under which expenditures or expenses
are recorded as soon as they result in liabilities for benefits received and revenues
are recorded when earned, despite the possibility that the receipt of the revenue
or the payment for the expense may take place, in whole or in part, in another accounting
period.
Frequently Asked Questions About Nevada § 354.479
What does Nevada Revised Statutes § 354.479 cover?
Section 354.479 ("“Accrual basis” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 354.479?
A common citation format is "Nevada Revised Statutes § 354.479" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 354.479 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.