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Revenue is recorded when earned, and expenses are recorded only when incurred.

majestico

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Posts: 1455

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7 years ago

Revenue is recorded when earned, and expenses are recorded only when incurred.

Revenue is recorded when earned, and expenses are recorded only when incurred.
A) True
B) False

Textbook

College Accounting: A Practical Approach

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 117 times

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Laffio

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7 years ago

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majestico Author

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#2

7 years ago

This is excellent. Excellent answer

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