Requirement 3. Considering your results from Requirement 2, which method gives the best picture of the true earnings of Delicious Catering? Why? The gives the best picture of the true earnings of Delicious Catering because revenues are and expenses are recorded when as dictated by the revenue recognition recorded when principle and the matching principle.

Requirement 3. Considering your results from Requirement 2, which method gives the best picture of the true earnings of Delicious Catering? Why? The gives the best picture of the true earnings of Delicious Catering because revenues are recorded when and expenses are recorded when as dictated by the revenue recognition principle and the matching principle