Author Question: Entering financial information about events affecting the company into the accounting system is ... (Read 77 times)

darbym82 · **on:** Jul 5, 2018

Entering financial information about events affecting the company into the accounting system is called ___________________ _.
Fill in the blank(s) with correct word

Question 2

When should property tax revenues be recognized in the accounting records?

a. when the budget is prepared
b. when the appropriations bill is signed into law
c. when property taxes are levied and available
d. when property taxes are actually received in cash