Which of the following entries would be made as the result o
Which of the following entries would be made as the result of the revenue recognition principle?
A)
Service Expense 1,000
Service Revenue 1,000
B)
Accounts Receivable 1,000
Service Revenue 1,000
C)
Salaries Expense 1,000
Accounts Payable 1,000
D)
Depreciation Expense 1,000
Accumulated Depreciation 1,000
ANSWER
B
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