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Author Question: ________ is an accounting method in which revenue is recorded when payment is received and an ... (Read 72 times)

Mscarter

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on: May 9, 2022

Question 1

________ is an accounting method in which revenue is recorded when a sale is made, and an expense is recorded when the company uses an asset to produce revenue.
◦ Accrual basis
◦ Cash basis
◦ Profit basis
◦ Depreciation
◦ Deferral basis

Question 2

________ is an accounting method in which revenue is recorded when payment is received and an expense is recorded when money is paid.
◦ Accrual basis
◦ Profit basis
◦ Cash basis
◦ Depreciation
◦ Deferral basis
Business in Action ¦ Bovee, Thill ¦ 9th Edition
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Marked as best answer by Mscarter on May 9, 2022

GoldenBrown

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Reply #1 on: May 9, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mscarter

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Reply 2 on: May 9, 2022
Great answer, keep it coming :)

ecabral0

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Reply 3 on: Yesterday
Wow, this really help

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