the principle that 1 requires revenue to be


The principle that
(1) requires revenue to be recognized at the time it is earned,
(2) allows the inflow of assets associated with revenue to be in a form other than cash and
(3) measures the amount of revenue as the cash plus the cash equivalent value of any non-cash assets received from customers in exchange for goods or services is called the

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Financial Accounting: the principle that 1 requires revenue to be
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