Question
Which of the following best describes the term accrual? a. Cash that is collected before the revenues are recorded. b. Revenues that are recorded before
Which of the following best describes the term accrual?
a. Cash that is collected before the revenues are recorded. b. Revenues that are recorded before the sale is made.
c. Revenues that are recorded before the cash is collected. d. Revenues that are deferred until after the cash is collected.
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Accounting For Beginners Learn Easy And Fast Accounting Principles
Authors: Dan Wilson
1st Edition
1700199900, 978-1700199904
