Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods
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Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received. The accounting convention that governs the above is (A) accruals (B) materiality (C) realisation (D) dual aspect
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Related Book For 
Fundamentals Of Financial Accounting
ISBN: 978-0750680813
1st Edition
Authors: Henry Lunt, Walter Allan
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