2. You signed a contract with four people to work at the conference as representatives of your association. The cost of their services was $1,000 per person, to be paid upon completion of the conference.
When should the expense for their services be recorded on your organization’s income statement?
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2. You signed a contract with four people to work at the conference as representatives of your association. The cost of their services was $1,000 per person, to be paid upon completion of the conference.
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