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Gross profitnet sales - PowerPoint PPT Presentation

Chapter 6

Chapter 6. Reporting and Interpreting Sales Revenue, Receivables, and Cash. Accounting for Sales Revenue. The revenue principle requires that revenues be recorded when earned:. An exchange has taken place. The earnings process is nearly complete. Collection is probable. Reporting Net Sales.

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1.01k views • 68 slides

Chapter 6

Chapter 6 Reporting and Interpreting Sales Revenue, Receivables, and Cash Accounting for Sales Revenue The revenue principle requires that revenues be recorded when earned: An exchange has taken place. The earnings process is nearly complete. Collection is probable. Reporting Net Sales

★ ★ ★ ★ ★

1.07k views • 67 slides

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Gross profitnet sales - PowerPoint PPT Presentation

Chapter 6

Chapter 6