Sally Smith had expenses of $800 in June which she paid in July. She reported...
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Accounting
Sally Smith had expenses of $ in June which she paid in July. She reported these expenses on her June income statement. By doing this, she is following the accounting principle of: Question options: Revenue realization. Matching. Conservatism. Adequate disclosure.
Sally Smith had expenses of $ in June which she paid in July. She reported these expenses on her June income statement. By doing this, she is following the accounting principle of:
Question options:
Revenue realization.
Matching.
Conservatism.
Adequate disclosure.
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