Revenue is generally recognised as being earned at that point of time when
A) sale is effected .
B) cash is received .
C) production is completed .
D) debts are collected
Correct Answer:
Verified
Q2: Which of the following is a revenue
Q3: Which of the following is a capital
Q4: Which of these types of expenditure would
Q5: Expenses of the following nature are treated
Q6: Cash received from debtors would be deemed
Q7: Purchase day book records
A)All cash purchases .
B)All
Q8: Journal is also known by -
A)Memorandum A/c
Q9: Generally the term fund is used to
Q10: The periodic total of purchase day book
Q11: Which of these documents is not required
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents