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The accounting principle that requires revenue to be recorded when goods or services are provided to customers and at an amount expected to be received

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The accounting principle that requires revenue to be recorded when goods or services are provided to customers and at an amount expected to be received from customers is the Multiple Choice Expense recognil principle Reverse recogrinen pepe Time periodsumption Accu reporting princi Going concer sumption In making adjusting entries at the end of its accounting period, a company mistakenly forgot to record 1.55.100 of intrance coverage that had expired his $100 cost had been initially debited to the Prepaid insurance account). 2. $2.950 of accrued sales expense As a result of these two oversigts, the financial statements for the reporting period wilt who Uncat come by 52 Une by 55100 Ostes by 52.950 Understate by ROSO

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