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    Financial Accounting
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    Exam 3: Adjusting and Closing Entries
  5. Question
    Accounting for Revenue on an Accrual Basis Means That No
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Accounting for Revenue on an Accrual Basis Means That No

Question 153

Question 153

True/False

Accounting for revenue on an accrual basis means that no entry of revenue is made until the cash is actually received.

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