Examlex
Which geological period is the most ancient?
Revenue Recognition
The guideline in accounting that determines the precise situations where revenue should be recognized or reported.
Future Event
An occurrence or situation that has not yet happened but is anticipated or expected to occur in the course of business or life.
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered on credit.
Revenue Recognition
A principle guiding how and when revenue is recognized in the accounting records, generally when earned and realizable.
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