Question

The realization concept determines when goods sent on credit to customers are to be included in the sales figure for the purpose of computing the profit or loss for the accounting period. which of the following tends to be used in practice to determine when to include a transaction in the sales figure fr the period? when the goods have been.

Answer 1

Answer:

The realisation concept determines when goods sent on credit to customers are to be included in the sales figure for the purpose of computing the profit or loss for the accounting period. ... When the goods have been: a. dispatched.

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