contestada

The revenue recognition principle guides accountants in​ ________.
a. determining when to record expenses
b. ensuring expenses are deducted from revenues
c. ensuring only revenues received in cash are recorded
d. determining when to record revenues

Respuesta :

The revenue recognition principle guides accountants in​ Answer: D determine when to record revenues. The revenue recognition principle lets accountants know when they need to record revenues and at what amount to record. The revenue recognition principle states not to record revenue until it has been earned in full.