So, the company using accrual accounting adds only five months worth ( 5 / 12 ) of the fee to its revenues in profit and loss for the fiscal year the fee was received.
So, the company using accrual accounting adds only five months worth ( 5 / 12 ) of the fee to its revenues in profit and loss for the fiscal year the fee was received.
So, the company using accrual accounting adds only five months worth ( 5 / 12 ) of the fee to its revenues in profit and loss for the fiscal year the fee was received.
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