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1.what is the definition of sales?
2.what is the definition of marketing?
3.what is differance between sales& marketing?
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Answer Posted / vijayan
SALES: Total dollar amount collected for goods and services
provided. While payment is not necessary for recognition of
sales on company financial statements, there are strict
accounting guidelines stating when sales can be recognized.
The basic principle is that a sale can only be recognized
when the transaction is already realized, or can be quite
easily realized. This means that the company should have
already received a payment, or the chances of receiving a
payment is high. In addition, delivery of the good or
service should have taken place for the sale to be recognized.
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