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  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    The Revenue Recognition Principle Is the Basis for Making Adjusting
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The Revenue Recognition Principle Is the Basis for Making Adjusting

Question 147

Question 147

True/False

The revenue recognition principle is the basis for making adjusting entries that pertain to unearned and accrued revenues.

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