aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accounting (CA - CPT)
  • Revenue from the sale of products is generally realised i...
Multiple choice

Revenue from the sale of products is generally realised in the period in which the

  1. cash is collected

  2. sale is made

  3. products are manufactured

  4. bill drawn is accepted

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Correct. The period is generally when the sale is made.

Keep practicing — related questions

  • Assets are held in the business for the purpose of
  • A manufacturer of a consumer product keeps the price of a new product substantially high and over a time pe...
  • Limitation period for filing a suit for sale of mortgaged properties is __________ years from the date the ...
  • Fire policies are generally issued for a period of __________.
  • The tax levied on gross sales revenue from business transactions is called
  • Sale Return is submitted after a period of
  • Which of the following statements is/are correct about Mississippian period? 1. It was the Carboniferous pe...
  • Consider the following table:Product Table:|Category|Product_Name|Product_Price|State|Country| |---|---|---...
Play the full quiz 🎤 Practise this topic out loud
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy