Why do we sometimes record a revenue or expense as a deferred item? Wouldn t it be
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Why do we sometimes record a revenue or expense as a deferred item? Wouldnt it be easier to always record revenue to a revenue account and remove any unearned revenue at yearend?
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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