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short answer required Sale of Goods 7.4.1 In the sale of goods, the most common point for revenue recognition the point of sale or delivery
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Sale of Goods 7.4.1 In the sale of goods, the most common point for revenue recognition the point of sale or delivery is n point nition Example 7.1 Ahmad, a customer, paid RM650 on 12 October, 2015 for goods received from Cekal Enterprise on 30 September, 2015. Cekal Enterprise has recorded this RM650 on 30 September, 2015 as its business revenue. WhyStep by Step Solution
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