BIG 0.00% $2.22 big un limited

In accrual accounting, expenses are recognised when they are...

  1. 48 Posts.
    lightbulb Created with Sketch. 1
    In accrual accounting, expenses are recognised when they are incurred, so I suppose its possible that costs of services sold may be recognised in FY17 results when the revenue those expenses are from haven't been.
 
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