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Is that right? Under accrual accounting, which of the following transactions can be recognised as either an income or expense of the entity for the
Is that right?
Under accrual accounting, which of the following transactions can be recognised as either an income or expense of the entity for the current month? O Rent prepayment for next three months. O Dividends paid in cash at the end of the current onth. O An invoice sent to a customer for a service provided early in the current month. O Cash deposit received in the current month, and service will be performed at the beginning of next monthStep by Step Solution
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