Accountıng I Deneme Sınavı Sorusu #1247008
Which of the following dictates that revenue is recognized when it is earned not the cash is received?
Revenue recognition principle |
Time period concept |
Matching principle |
Social responsibility principle |
Prudence principle |
Yanıt Açıklaması:
Revenue recognition principle dictates that revenue is recognized when it is earned not the cash is received.
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