Accountıng I Deneme Sınavı Sorusu #1313661
Which of the followings refers to the situation when revenue is recognized before the cash is received?
|
Revenue recognition principle |
|
Expense |
|
Periodicity concept |
|
Deferred revenue |
|
Accrued revenue |
Yanıt Açıklaması:
In accrued revenue, revenue is recognized before the cash is received. The correct answer is E.
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