An accounting system that records expenses and revenue in the accounting period in which they are incurred or earned is referred to as a cash accounting system b a an accounting system where you determine what accounts are affected, what ciassification the accounts are and how their balance has ch...

The correct answer is option c an accrual accounting system Explanation Under the Accrual ...

An accounting system that records expenses and revenue in the accounting period in which they are...

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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An accounting system that records expenses and revenue in the accounting period in which they are...

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The correct answer is option c an accrual accounting system Explanation Under the Accrual ... View the full answer

Intermediate Accounting

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