Question: ring 2 0 2 1 2 0 2 1 , GibsonGibson Network , Inc., which designs network servers, earned revenues of $ 7 8 0

ring 20212021, GibsonGibson Network, Inc., which designs network servers, earned revenues of $ 780$780 million. Expenses totaled $ 510 million.$510 million. GibsonGibson collected all but $ 21$21 million of the revenues and paid $ 560$560 million on its expenses. Read the requirements LOADING... . Question content area bottom Part 1 Requirement a. Under accrual accounting, what amount of revenue should GibsonGibson report for 20212021? How does the revenue principle help to answer this question?

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