Yellow Consultants provides services to clients and typically invoices them after the work is completed. Under accrual accounting, when should Yellow recognize revenue for work that has been performed but not yet invoiced?

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Answer

When the cash is received from the client

Answer

At the end of the financial year

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When the invoice is sent to the client

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When the services have been performed

Crowdly

Yellow Consultants provides services to clients and typically invoices them afte...

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