Accounting For Governmental & Nonprofit Entities
Accounting For Governmental & Nonprofit Entities
18th Edition
ISBN: 9781259917059
Author: RECK, Jacqueline L., Lowensohn, Suzanne L., NEELY, Daniel G.
Publisher: Mcgraw-hill Education,
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Chapter 16, Problem 9Q
To determine

Explain the concept of premium revenue and the way it is recognized and also discuss the concept of premium revenue that is relative to the matching concept in accounting.

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