Why can it be difficult for accountants to determine when revenue should be recognized under accrual accounting?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 10:53 AM

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Why can it be difficult for accountants to determine when revenue should be recognized under accrual accounting?

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Under accrual accounting revenue represents an economic benefit earned by an entity To recognize ...View the full answer

Financial Accounting A Critical Approach

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