Pierce Dussault, a lawyer, accepts a legal engagement in March, does the work in April, and is

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Pierce Dussault, a lawyer, accepts a legal engagement in March, does the work in April, and is paid in May. If Dussault’s law firm prepares monthly financial statements, when should it recognize revenue from this engagement? Why?

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Accounting Principles Volume 1

ISBN: 978-1119502425

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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