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Author Question: Most companies recognize sales revenue when (Read 52 times)

ksmithunr

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Question 1

In the accounts receivable master file, the length of time the account has been due can be useful to the client and the auditor in preparing the
◦ trial balance.
◦ working trial balance.
◦ accounts receivable trial balance.
◦ aged accounts receivable trial balance.

Question 2

Most companies recognize sales revenue when
◦ sales are invoiced.
◦ payment is received from the customer.
◦ goods are shipped.
◦ the customer's order is received.


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Marked as best answer by ksmithunr on Aug 21, 2022

MistyHubbard

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ksmithunr

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


rachel

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Reply 3 on: Yesterday
Excellent

 

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