The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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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:They sincerely practice sustainability
Explanation:
What does sustainability means in terms of the environment and it resources ?
Sustainability means we practice using the current resources without outstriping them in a way that may affect their ability to recover naturally or in a way that will affect their availability for the future generation.
They looking after the environment at all cost for example making sure that they don't overfish .
They want to protect their environment by not outstriping the resources or damaging the natural state of the environment which may make its vulnerable.
Answer:
i have to go but i'll put the first founder 1.Siddhartha Gautama
Explanation:
an artist can use to create depth in a painting are layering and overlapping, changing size and placement, linear perspective, and relative color, hue and value.
Explanation:
I don't have an explanation, but I hope this works for you. Also, this is my first time using... this. so I'm really sorry if it didn't help.
