Accounting theory homework help?

Which one of the following concepts or principles guides the timing of the recognition of revenue under the rules of accrual basis accounting?

A. The matching principle

B. Conservatism

C. Revenue is recognized as it is earned

2 Answers

  • 12 months ago

    My dusty accounting book does not wish to be disturbed.

    Source(s): Accounting only gets harder.
  • 12 months ago

    Revenue is recognized as it is earned.

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