Question

according to the revenue realisation principle the bases may be used to determine the period of revenue realisation________.​

Answer 1

Answer:

The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period  in which revenues and expenses are recognized. 

According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received.

Hence, the revenue is generally recognized at the time of sale.

Answer 2

Explanation:

time of scale.................