sianphilpott8485 sianphilpott8485

02-09-2019
Mathematics

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9. When is revenue recognized under accrual accounting?

Respuesta :

05-09-2019

Answer: Accrual accounting method recognizes and reports revenue when it is earned irrespective of when it is received. In laymen terms, it is recognized when a sale occurs. This recognition task can easily take up several forms as organizations provide different services and commodities to individuals.

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roxybotelhop5x7oe roxybotelhop5x7oe

15-09-2019

Answer: Accrual accounting method recognizes and reports revenue when it is earned irrespective of when it is received.

Step-by-step explanation:

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