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Business, 18.12.2019 20:31 matthewbranch7780
When the amount of revenue collected in advance decreases during an accounting period: (a) accrual-basis revenues exceed cash collections from customers.(b) accrual-basis net income exceeds cash-basis net income.(c) accrual-basis revenues are less than cash collections from customers.(d) may exceed, equal or be less than cash payments to suppliers.
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When the amount of revenue collected in advance decreases during an accounting period: (a) accrual-b...
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