Revenue and gains arise from a company's ordinary activities.
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Q4: There must be a receipt of cash
Q5: When making sales on account,there are costs
Q6: When a company uses a multi-step income
Q7: Private companies must report comprehensive income in
Q8: At the time of sale,the selling price
Q10: When customers are granted a right to
Q11: The multi-step income statement allows readers to
Q12: Comprehensive income must be reported on a
Q13: When following ASPE,part of the revenue recognition
Q14: A service warranty is considered to be
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