your answer is the one you clicked on lol C
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.
To learn more about revenue recognition principle, click
brainly.com/question/28204542
#SPJ4
Answer:
the Red Sea
Northeast Africa, or Northeastern Africa or Northern East Africa as it was known in the past, is a geographic regional term used to refer to the countries of Africa situated in and around the Red Sea.
Explanation:
I think it is C, hope it’s right (:
