The revenue principle says a. Divide time into annual periods to measure revenue properly. b. Record revenue

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The revenue principle says

a. Divide time into annual periods to measure revenue properly.

b. Record revenue after you receive cash.

c. Measure revenues and expenses in order to compute net income.

d. Record revenue only after you have earned it.

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 08, 2024 01:01 PM

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The revenue principle says a. Divide time into annual periods to measure revenue properly. b. Record revenue

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Financial And Managerial Accounting

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