Question
Accounting systems should record all economic events. only events that include revenues, expenses, and cash. events that result in a change in assets, liabilities, or
Accounting systems should record
all economic events.
only events that include revenues, expenses, and cash.
events that result in a change in assets, liabilities, or shareholders equity items.
only events that involve cash.
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
