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Chapter 18 Intermediate Accounting Review Revenue Form

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Chapter 18 Intermediate Accounting Review Revenue Form

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so chapter six on Revenue recognition so we're going to be talking about specific types of uh cases and exceptions related to how and when we recognize Revenue we're also going to talk about controls associated with um cash receipts and um moving on from there so now we're g to be kind of you know we've been doing lots of broad stuff we're gonna be kind of narrowing down on specific areas uh quite a bit for the rest of the semester so that'll be fun um so revenues as we know oops I suppose I can turn on my screens so yall can see there we go oh this one turned on faster okay what's going on um revenues are inflows of assets um settlements of liabilities from delivering products or uh services and other activities that are the ongoing major Central operations so thinking like um inflows of assets that are tied to your primary mode of generating profit right in your day-to-day operations um remembering back from earlier chapters tho

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