False
Explanation: An accrual is recorded in the general journal when revenue is earned or an expense is incurred, regardless of whether cash has been received or paid. Accrual accounting recognizes transactions based on the matching principle, which requires recording revenues and expenses in the period they are earned or incurred, rather than when cash is exchanged.
发表于 2023-7-8 08:36:46
|
查看: 754|
回复: 1
