Which type of accounting shows what has been earned unlike cash basis accounting?

Accrual basis accounting accurately reflects the income and expenses of a business during a specified period, regardless of when cash transactions occur. This method recognizes revenue when it is earned and expenses when they are incurred, providing a more comprehensive view of a company's financial performance.

In contrast to cash basis accounting, which only records transactions when cash is exchanged, accrual accounting ensures that the financial statements reflect all obligations and earnings, allowing stakeholders to gain a better understanding of the company’s overall financial health.

The other types of accounting mentioned do not serve this specific purpose. Tax accounting focuses on preparing tax returns and ensuring compliance with tax laws, often using cash basis accounting. Hybrid accounting combines elements of both cash and accrual methods but does not focus solely on the timing of income and expenses. Fund accounting is primarily used by non-profit entities and government organizations to track the allocation and usage of funds rather than measuring profitability in the way accrual accounting does.