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Which of the following adjustments is sometimes necessary in order to be in compliance with the revenue recognition principle? a. The adjustment to record depreciation
Which of the following adjustments is sometimes necessary in order to be in compliance with the revenue recognition principle? a. The adjustment to record depreciation on equipment. b. The adjustment to record the increase in the market value of land. c. The adjustment to record the contractual value of work performed for customers who had paid for services in advance. d. All the above.
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