Both the installment method and the cost-recovery-first method recognize revenue when a firm collects cash. Why, then,
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Both the installment method and the cost-recovery-first method recognize revenue when a firm collects cash. Why, then, does the pattern of income (that is, revenues minus expenses) over time differ under these two methods?
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Related Book For 
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780324183511
10th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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