There are four accounting principles according to the American Financial Accounting Standards Board, including the principle of revenue recognition. Speak the principle of revenue recognition, in terms of: -1Its concept and conditions (with details).

2Accrual basis and cash basis.

3The advantages and criticisms leveled at both the accrual basis and the cash basis.

4 In your opinion, which is better: that the establishments use the accrual basis or the cash basis, with an explanation of the reason.

please write there to copy