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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 14: Accounting Principles and Reporting Standards
  5. Question
    Under the ________ Basis of Accounting, Income Is Recorded in the Period
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Under the ________ Basis of Accounting, Income Is Recorded in the Period

Question 72

Question 72

Short Answer

Under the ________ basis of accounting, income is recorded in the period in which it is earned.

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