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goji.go goji.go
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9 years ago
What is the accounting effect of using the accrual basis of accounting?
      a.   revenues and expenses are recognized when cash is received.
      b.   revenues are recognized when earned, and expenses are recognized when cash is paid
      c.   revenues are recognized when earned and expenses are recognized when they are incurred
      d.   revenues are recognized when cash is received, and expenses are recognized when incurred
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Diesel
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f_zah1f_zah1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
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#3
9 years ago
You're very welcome!
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