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19 4 pts On December 1, 2019, KSB Consulting signed a $75,000 contract with a client to provide consulting services to the client in 2020.
19 4 pts On December 1, 2019, KSB Consulting signed a $75,000 contract with a client to provide consulting services to the client in 2020. Which accounting principle would require KSB to record the consulting revenue in 2020 when the services are performed? Cost principle Expense recognition (matching) principle Revenue recognition principle Full disclosure principle Cost-benefit constraint
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