Revenue recognition points
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Revenue recognition points

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    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Revenue that is recognise at this point means that the ownership of the goods passing to the owner.

    Alice B.
    GQ
    Alice B.

    The point of sale seem to be one of the revenue recognition point in the business world.

    Alice B.
    GQ
    Alice B.

    To my understanding merchandise here means goods which are produced to be sold through advertisement, and or other means but the products must be sold once produced.

    Morne V.
    ZA
    Morne V.

    Point of sale Usually applied where merchandise is considered sold when the price is agreed upon, and a contract enforceable by both parties is made

    Sunday O.
    NG
    Sunday O.

    realization of revenue in accounting is key factor

    Elizabeth A.
    NG
    Elizabeth A.

    Revenue that is recognised at this point, the ownership of goods and services passing to the owner.

    Odongo M.
    UG
    Odongo M.

    Accounting -> Revenue recognition points Revenue recognition points 1. Point of sale Usually applied where merchandise is considered sold when the price is agreed upon, and a contract enforceable by both parties is made. Revenue is recognised at this point, the ownership of the goods passing to the owner.

    Manish K.
    NP
    Manish K.

    It is understood. Information is given clearly.

    Penelope M.
    US
    Penelope M.

    this is something we experience almost every in life. POS-POINT OF SALE

    Adil N.
    MA
    Adil N.

    What are some revenue recognition points?

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