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The revenue recognition principle requires O A. revenue to be recorded only after the cash is received. B. revenue to be recorded only after the
The revenue recognition principle requires O A. revenue to be recorded only after the cash is received. B. revenue to be recorded only after the business has satisfied its performance obligation OC. expenses to be matched with revenue of the period. OD. time to be divided into annual periods to measure revenue properly. The adjusted trial balance shows O A. revenues and expenses only. O B. amounts that may be out of balance. C. account balances after adjustments. O D. assets and liabilities only
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