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    Financial Accounting
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    Exam 3: Adjusting and Closing Entries
  5. Question
    If Crane Company Records Revenue When Cash Is Received, They
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If Crane Company Records Revenue When Cash Is Received, They

Question 141

Question 141

Multiple Choice

If Crane company records revenue when cash is received, they are using the:


A) cash basis of accounting.
B) accrual basis of accounting.
C) adjustment basis of accounting.
D) expense basis of accounting.

Correct Answer:

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