(A) sale is effected ()
(B) cash is received (X)
(C) production is completed (X)
(D) debts are collected (X)
Answers: Revenue is generally recognized as being earned at that point of time when sale is effected.
(A) sale is effected ()
(B) cash is received (X)
(C) production is completed (X)
(D) debts are collected (X)
Answers: Revenue is generally recognized as being earned at that point of time when sale is effected.
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