Quickbooks ch 10 - Study guides, Class notes & Summaries

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QuickBooks Ch. 10 (2023/2024) Rated A+
  • QuickBooks Ch. 10 (2023/2024) Rated A+

  • Exam (elaborations) • 3 pages • 2023
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  • Prudence The methods least likely to overstate assets and income are used. Consistency The same accounting methods are used year to year. Revenue recognition Publicly traded companies record when revenue is earned. Objectivity Business statements are impartial and absent of bias.
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