Although revenue for providing services is often recognised before the cash is received, there are occasions when
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Although revenue for providing services is often recognised before the cash is received, there are occasions when it is the other way around: a business will require payment before providing the service.
Can you think of two examples?
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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