It is usual for a retail shop to recognise revenue when: (a) The customer pays for the
Question:
It is usual for a retail shop to recognise revenue when:
(a) The customer pays for the goods sold
(b) The goods for sale have arrived from the supplier
(c) The goods have been delivered to the customer’s premises
(d) The customer becomes legally obliged to pay for the goods
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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