Multiple Choice
Revenue is generally recognised as being earned at that point of time when
A) sale is effected .
B) cash is received .
C) production is completed .
D) debts are collected
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The periodic total of purchase day book
Q3: Which of these types of expenditure would
Q4: Which of these will not affect Bank
Q5: Debit side of Bank Pass book corresponds
Q6: Generally the term fund is used to
Q7: Purchase day book records<br>A)All cash purchases .<br>B)All
Q8: Which of the following is not a
Q9: Cash received from debtors would be deemed
Q10: Difference in Bank Balance as per Pass
Q11: Credit balance as per Cash Book mean-<br>A)Surplus