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Revenue is always recognized when expenses are paid. cash is collected. it is earned. the end of the period arrives.
Revenue is always recognized when
| expenses are paid. | ||
| cash is collected. | ||
| it is earned. | ||
| the end of the period arrives. |
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Financial Accounting Text Only
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
5th Edition
0006575404, 978-0006575405
