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In class, we learned about the Realization Principle (which is related to the Matching Principle and the Accrual Basis for Accounting), which basically determines when

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In class, we learned about the Realization Principle (which is related to the Matching Principle and the Accrual Basis for Accounting), which basically determines when a business should recognize revenue and expenses. Listed below are four different situations involving revenue and/or expenses for a given business. Each statement is followed by two choices as to the accounting period (or date) when the business might recognize this revenue or expense. C. Farmer Training Registration Fee: The WVU Farmer Training Center is offering a 6-week course beginning February 01, 2022. Registration is opened from October 01-10,2021. i. Period farmer registers for the course d. ii. Period Farmer attends/completes the training course Purchased a one-day Event Insurance Policy for a farm-to-table dinner to be held on January 8th, 2022 i. Date Insurance policy is purchased ii. Date Event is held In class, we learned about the Realization Principle (which is related to the Matching Principle and the Accrual Basis for Accounting), which basically determines when a business should recognize revenue and expenses. Listed below are four different situations involving revenue and/or expenses for a given business. Each statement is followed by two choices as to the accounting period (or date) when the business might recognize this revenue or expense. C. Farmer Training Registration Fee: The WVU Farmer Training Center is offering a 6-week course beginning February 01, 2022. Registration is opened from October 01-10,2021. i. Period farmer registers for the course d. ii. Period Farmer attends/completes the training course Purchased a one-day Event Insurance Policy for a farm-to-table dinner to be held on January 8th, 2022 i. Date Insurance policy is purchased ii. Date Event is held

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