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The revenue recognition principle The revenue recognition principle determines when revenue is credited to a revenue account states that revenue is not recorded until the
The revenue recognition principle
The revenue recognition principle
determines when revenue is credited to a revenue account
states that revenue is not recorded until the cash is received
is not in conflict with the cash method of accounting
controls all revenue reporting for the cash basis of accounting
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
