Joe Thomas, a lawyer, accepts a legal engagement in March, performs the work in April, and is
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Joe Thomas, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. It Thomas's law firm prepares monthly financial statements, when should it recognize revenue from this engagement?
Why?
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Related Book For 
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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