All of the following about revenue recognition principle are true, except: O a Business agrees to perform services to a customer over the next two months. b. Business prepares an adjusting entry to...

All of the following about revenue recognition principle are true, except: O a Business agrees to perform services to a customer over the next two months. b. Business prepares an adjusting entry to record earned revenues at the end of the accounting period. OcBusiness receives cash for providing services to a customer. Business provides services on credit to a customer .

Jun 10, 2022
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