Question
NYC hospital submits the order for yearly immunizations in April. The immunization vendor forwards the invoice for the immunizations to NYC hospital in May, but
NYC hospital submits the order for yearly immunizations in April. The immunization vendor forwards the invoice for the immunizations to NYC hospital in May, but the invoice is not due for 90 days. When does NYC hospital record the expense for immunization under GAAP? (Explain your answer to get full credit)
- July
- April
- May
- Other date
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Accounting For Investments Equities Futures And Options Volume 1
Authors: R. Venkata Subramani
1st Edition
047082431X, 978-0470824313
