menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 5: Merchandising Operations
  5. Question
    Sales Revenues Are Usually Considered Earned When
Solved

Sales Revenues Are Usually Considered Earned When

Question 93

Question 93

Multiple Choice

Sales revenues are usually considered earned when


A) cash is received from credit sales.
B) an order is received.
C) goods have been transferred from the seller to the buyer.
D) adjusting entries are made.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q88: Gross profit appears on both the single-step

Q89: The terms 2/10, n/30 mean that a

Q90: Given a perpetual inventory system which one

Q91: Evidence of cash sales is usually supported

Q92: Use the following financial information to answer

Q94: Profit margin is a measure of<br>A)liquidity.<br>B)profitability.<br>C)solvency.<br>D)comparability.<br>

Q95: Operating expenses are subtracted from revenue for

Q96: Cost of goods sold is calculated from

Q97: Which of the following is true about

Q98: Income from operations appears on both the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines