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6. Under the revenue principle, revenue (meaning earned revenue) is recorded A. at the time of cash receipt B. only after cash is received and
| 6. Under the revenue principle, revenue (meaning earned revenue) is recorded | ||||||||
| A. | at the time of cash receipt | |||||||
| B. | only after cash is received and the revenue is earned | |||||||
| C. | when a contract is signed, prior to work starting | |||||||
| D. | when the revenue is earned |
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Principles Of Accounting
Authors: Steven M. Bragg
1st Edition
1642210773, 978-1642210774
