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02 points SA The convence prindple states that Companies tecnie recent when the earning process is virtually complete and it is probable that payments will

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02 points SA The convence prindple states that Companies tecnie recent when the earning process is virtually complete and it is probable that payments will be received Companies recierevence when goods or services are transferred to the customer and payments are received Companies recognisereven when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or service Companies recognius revenue when the goods or services are onderred to the customer in an arm's length transaction . Moving to requestion wives response Questions of 20

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