Defferred expenses Study guides, Class notes & Summaries
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Accounting Revenue Recognition Principal Explained
- Class notes • 2 pages • 2019
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Revenue Recognition Principal is when revenues are recorded in the period which the goods and services are provided to customers, but is not practical for all accounting records. These notes cover terms for navigating journal keeping when the money entering and leaving the account is in a wipply whopply ball of timey whimey stuff. Mess with terms like "Deferred Revenues".
Class notes
Accounting Revenue Recognition Principal Explained
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Revenue Recognition Principal is when revenues are recorded in the period which the goods and services are provided to customers, but is not practical for all accounting records. These notes cover terms for navigating journal keeping when the money entering and leaving the account is in a wipply whopply ball of timey whimey stuff. Mess with terms like "Deferred Revenues".
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Too much month left at the end of the money?
