Revenue from sale of products is generally realized in the
period in which
1.Cash is collected
2.When sale is made
Answer Posted / neeraj
When sale is made and all final invoice raise to cient
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
What goals do you have in your career
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
what are the financial ratios that a manager see in accounting?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
what is composition vat
What is Accounting on Computers
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
how to do the finalise of account? what is the step? why we need to do like that?
What is accounts payable?
What is meant by advance ruling? What is the scheme of advance rulings?
What is DECR And for wt it is used?
Define `Realisation` Account? Explain the salient features?
who introduces the single entry format?