The accrual accounting-revenue recognition principle

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Locate the company's most recent financial information. Note that this information may be located in one of two places: the Annual Report to Shareholders or Form 10-K Annual Report to the SEC.

Locate the Notes to the Financial Statements. In the first note, Significant Accounting Policies, locate the Revenue Recognition note.

How does the accrual accounting/revenue recognition principle affect this company?

If the cash basis of accounting were used rather than the accrual basis, how would the results of operations be impacted?

Reference no: EM132204899

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