Read the Accounting Principles footnote the company. There will be a section on Revenue Recognition. Describe the revenue recognition principle used by your principle affects when and how much revenue is recognized revenue in the books of the company. Is this consistent wi courses? (200-300 words) of the audited report of your company. This footnote describes the most important accounting principles used by company. Explain how this (recorded) on the books of the company. What needs to occur for the company to record the company. Is this consistent with your understanding of acrual basis accounting as you have learned in your accounting You may use the attached template to submit your draft of the business description for your company. The tempiate has been formatted in accordance with the guidelines for this assignment (Times New Roman font (12), 1 inch margins and 1.5 line spacing You are allowed multiple submissions. This is a first draft. If I see the need to review a subsequent draft before the final submission will notity you Please submilt the draft even if late -no points wil be deducted for reasonable lateness