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Question 4 1 points Save Art WZ Company purchased insurance AED12,000 on january 1st to cover the whole year. On June 31st, it recorded
Question 4 1 points Save Art WZ Company purchased insurance AED12,000 on january 1st to cover the whole year. On June 31st, it recorded AED6,000 as an insurance expense. Which of the following accounting principles was it following? A. Timing assumption B. Cost principle C. Matching principle D. Revenue principle
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson
17th edition
78025826, 978-1259564239, 1259564231, 978-0078025822
