According to the accrual concept of accounting, a financial or business transaction is recorded. OA) when...

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According to the accrual concept of accounting, a financial or business transaction is recorded. OA) when transaction occurs B) when cash is received or paid when profit is computed D) when balance sheet is prepared OC) According to the accrual concept of accounting, a financial or business transaction is recorded. OA) when transaction occurs B) when cash is received or paid when profit is computed D) when balance sheet is prepared OC)

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The detailed answer for the above question is provided below Answer A When transaction occurs The ac... View the full answer