How does failure to record accrued revenue distort the financial reports?

Answer #1

You would end up claiming reduces profits or increased loss because your net income would be lower

More Like This
Ask an advisor one-on-one!
Advisor

Neat-Revenue

Finance, Marketing, Entrepreneurship

Advisor

Orchid Financial Services

Financial Services, Investment, Insurance

Advisor

Columbus Financial & Success ...

Financial Coaching, Financial Planning, Credit Counseling

Advisor

Orchid Financial Services

Financial Services, Investment, Wealth Management

Advisor

Resource Financial Services

Finance, Real Estate, Mortgages