The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
<u></u>
The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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Answer:
A.
Explanation:
Caste is "the system of dividing society into hereditary classes."
Answer:
C. Both similarities and differences in their properties.
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Brainliest would be nice if you want to of course. :)
According to the text, critical thinking complements our emotions.
<h3>What is
critical thinking?</h3>
Critical thinking can be described as the analysis of available facts, as well as the evidence, that can be used during the formation of a judgement.
It should be noted that , it could be a rational, skeptical, and unbiased analysis , hence According to the text, critical thinking complements our emotions.
Therefore, option D is correct.
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B.) 5'9" <span>is the approx. average height of a full grown man in the U.S.
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