Examlex
The sugar in DNA is deoxyribose while the sugar in RNA is ribose.
Goods or Services
Products or activities provided by a business to customers in exchange for payment.
Revenue Recognition Principle
Revenues are recognized when the company transfers promised goods or service to customers in the amount it expects to receive.
Transferred
Transferred refers to the process of moving assets, responsibilities, or rights from one entity to another.
Customers
They are the individuals or businesses that purchase goods or services from a company, essentially driving its revenue.
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