Question: f. Describe how each of the following cases are accounted for in both the income statement and balance sheet (4 marks) i. Revenue which

f. Describe how each of the following cases are accounted for in both the income statement and balance sheet ( 4 marks) i. Re

f. Describe how each of the following cases are accounted for in both the income statement and balance sheet (4 marks) i. Revenue which has been realized before it has been earned. ii. Revenue which has been earned but it is yet to be realized.

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