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More cards in this set
Card 6
Front
when should revenue be recognized
Back
Card 7
Front
how should we recognise revenue for a long term contract
Back
Card 8
Front
how do we recognise revenue for continuous services when we cant break it into stages
Back
Card 9
Front
what does the matching convention mean
Back
Card 10
Front
what is the difference between profit and liquidity
Back
Card 11
Front
what is the accruals convention
Back
Card 12
Front
what is depreciation
Back
Card 13
Front
what are the four factors needed to be considered when calculating depreciation
Back
Card 14
Front
what are the two methods of calculating depreciation
Back
Card 15
Front
how do we use the straight line method
Back
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