Which of these statements CANNOT be defined as income?
These statements CANNOT be defined as income is " Decrease in economic benefits during the accounting period"
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Which of these statements CANNOT be defined as income?
hout sophat
April 28, 2022
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In accounting
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A present obligation of an entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits, is known as
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Goods sold on cash and carry basis returned by a customer are accounted for by
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