If a Company Is Using the Accrual Method of Accounting,when

question 40

Multiple Choice

If a company is using the accrual method of accounting,when is revenue recorded?

• A)When cash is received,30 days after the completion of the services
• B)When cash is received,before the completion of the services
• C)When cash is received,even though services may be rendered at a later date
• D)When services are rendered,even though cash may be received at a later date

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