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What were the major reasons for the collapse of the tsarist regime in March 1917?
Liability Account
An accounting record that represents an obligation to pay money to another party, reflects a company's debts or financial obligations.
Performance Obligation
A commitment in a contract to provide a distinct good or service to a customer, which is a key concept in recognizing revenue.
Revenue Recognition
Revenue recognition is an accounting principle determining when revenue is earned and can be recorded in the financial statements.
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