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    College Accounting
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    Exam 5: Adjusting Entries and the Work Sheet
  5. Question
    The Business or Professional Person Using the Cash Basis of Accounting
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The Business or Professional Person Using the Cash Basis of Accounting

Question 84

Question 84

True/False

The business or professional person using the cash basis of accounting takes the view that there is no revenue until it is received in such a form that it can be spent.

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