Question
Revenue should be recognized at the point of sale. Which
principle is applied here?ÂSolution
The Realization Principle states that revenue should be recognized (recorded) when it is realized or earned, and when it can be reasonably measured or reliably determined. In the context of a point of sale, revenue is considered realized when a company has completed the delivery of goods or services to the customer, and the customer has accepted those goods or services. This typically occurs at the point of sale when ownership transfers to the customer, and the seller has fulfilled its obligations.
Among the following, which is cross pollinated?Â
Chemical promoting seed germination
……………………. Is the distance between the lowest point of die tractor from the ground surface
What is the main difference between a four-stroke engine and a two-stroke engine in terms of cycle completion?
When a cross is made between offspring and its recessive parent , it is known asÂ
The tilt angle varies from ………………..degrees for a good plough.
The scientific name of dammer bee is _____
Amrapali is a cross of ………………
High input cost of crop production, and market instability faced by Indian farmers which results in huge loss and debtness to farmer to overcome from th...
Golden rice is rich in
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