The accrual method of accounting recognizes revenue when ____,and recognizes expenses when ____.
A) they are earned;cash is paid
B) cash is received;they are incurred
C) they are earned;they are incurred
D) cash is received;cash is paid

Question

Quizplus · Accepted Answer

The Answer of The accrual method of accounting recognizes revenue when ____,and recognizes expenses when ____.
A) they are earned;cash is paid
B) cash is received;they are incurred
C) they are earned;they are incurred
D) cash is received;cash is paid

The Accrual Method of Accounting Recognizes Revenue When ____,And Recognizes