App Logo

No.1 PSC Learning App

1M+ Downloads
Revenue is generally recognized being earned at when ---.

Awhen the order is placed

Bwhen the cash is received

Csale is effected

Dwhen the invoice is prepared

Answer:

C. sale is effected

Read Explanation:

.


Related Questions:

Which accounting process involves the preparation of trial balance, profit & loss account, and balance sheet?
The ability of users to compare the financial statements of one enterprise with that of other periods or other enterprises is known as:
Information in financial business is based on ---- Transaction.
Which accounting principle requires that life of a business be broken into smaller parts
What role did Folk High Schools primarily play in Denmark's society?