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Which of the following correctly applies the revenue recognition principle? Multiple Choice Recognize revenue in December 2 0 2 2 for products manufactured bit not

Which of the following correctly applies the revenue recognition principle?
Multiple Choice
Recognize revenue in December 2022 for products
manufactured bit not yet selvered to customers.
Recognize cash recoived in actiange from customers as
revenue when the producs is nat yet shipped.
Not recognize service revenue in 2022 until the cash is
received in 2023.
Recognize revenue in December 2022 for products sold
but not yet paid for in full.
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