Managerial Accounting
Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
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Which three events should generally have occurred prior to the recognition of sales revenue?

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Sales:

Sales include a number of goods and services sold by the organization during their accounting period. Net sales are the amount after deducting sales return and discount.

 

 

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