11. Accounting data flow from the A. income statement to the statement of owner's equity. B. balance sheet to the statement of owner's equity. C. balance sheet to the income statement. D. cash flow statement to the income statement. I 12. The revenue recognition principle says A. record revenue when you sign a contract 2 B. record revenue only after you have earned it C. record revenue when you have received an order D. record revenue after you receive cash infochione isloboda M ED