Question: TB MC Qu . 3 - 5 8 ( Static ) Under accrual - basis... Under accrual - basis accounting: Revenue is a component of
TB MC QuStatic Under accrualbasis...
Under accrualbasis accounting:
Revenue is a component of common stock.
Revenue should be recorded in the period goods and services are provided.
Revenue should be recorded in the period the cash is received.
Revenue should be recorded in the balance sheet.
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