The concept which states that revenue should be recognize...
The concept which states that revenue should be recognized at the point when the sale is deemed to have been made is
Matching
Consistency
Realization
Going concern
Correct answer is C
No explanation has been provided for this answer.
........................1/7/2005............30/6/2006 Drawings......................................
Which of the following is found in a receipts and payments account? ...
An amount set aside out of profit for a specific purpose is a ...
The term "accounting period" is used to refer to the ...
The purchase of two generators by Hassan Electronics Enterprises should be recorded as? ...
Given: Net profit-----------------------N25,000 Cost of sale---------------------N25,000 Sales---...