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Revenue is not recorded in the accounting period when Question 4 options: there is a decrease in assets or an increase in liabilities. there is
Revenue is not recorded in the accounting period when
Question options:
there is a decrease in assets or an increase in liabilities.
there is an increase in assets or a decrease in liabilities.
the service has been performed or the goods have been sold and delivered.
the revenue can be reliably measured and collection is reasonably certain.
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