Revenue and expense recognition Required a. Describe a revenue recognition event that results in a decrease in
Question:
Required
a. Describe a revenue recognition event that results in a decrease in liabilities.
b. Describe a revenue recognition event that results in an increase in assets.
c. Describe an expense recognition event that results in an increase in liabilities.
d. Describe an expense recognition event that results in a decrease in assets.
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Note There are many examples of events that illustrate th...View the full answer
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Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
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Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
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