Which of the following evidences delivery of product to customers sufficient for company recording as revenues?
A)A check received from the customer.
B)An agreement to purchase product signed by the customer.
C)A pick ticket in the warehouse.
D)A bill of lading and tracking number with the shipper.

Question

Quizplus · Accepted Answer

A bill of lading and tracking number with the shipper provide evidence that the product has been shipped and is in transit to the customer, which is sufficient for a company to record it as revenue. The other options may indicate an intention to purchase or a payment, but they do not necessarily indicate that the product has been delivered to the customer.

Which of the Following Evidences Delivery of Product to Customers