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The revenue principle says to record revenue when it has been ___ ( A. collected B. earned C. recorded) regardless of when____ (A. cash is
The revenue principle says to record revenue when it has been ___ ( A. collected B. earned C. recorded) regardless of when____ (A. cash is collected B. revenue is earned C. sold inventory is delivered) Therefore, the amount of revenue reported is what company____ ( A. collected B. earned C. paid)
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