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PolarNik [594]
3 years ago
8

5. Revenue is properly recognized (1.5 points): A. When the customer's order is received? B. Only if the transaction creates an

account receivable. C. At the end of the accounting period. D. Upon completion of the sale or when services have been performed and the business obtains the right to collect the sales price. E. When cash from a sale is received.
Social Studies
1 answer:
Stells [14]3 years ago
7 0

Answer:

Option D is correct

Explanation:

Under revenue recognition principle, revenue is recognise the moment a service a sale is completely made regardless if the payment is made a day or days after service has being fully rendered.

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HOPE THIS HELPS !!!!!!

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The study of the judgments people make as to whether someone else's behavior is due to something about that person or due to the
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4 years ago
A common problem in people between the ages of 40 and 50 that can lead to permanent hearing loss is __________.
vesna_86 [32]

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