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    Exam 3: The Accounting Cycle: End of the Period
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    According to the Revenue Recognition Principle,if a Company Provides Services
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According to the Revenue Recognition Principle,if a Company Provides Services

Question 81

Question 81

True/False

According to the revenue recognition principle,if a company provides services to a customer in the current year but does not collect cash until the following year,the company should report the revenue in the current year.

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