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The accrual concept demands that expenses be kept in step with revenue, so it needs an journal entry on monthly/annually bases.
The accrual concept demands that expenses be kept in step with revenue, so it needs an journal entry on monthly/annually bases.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
