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Revenue is recognized in the profit and loss account as soon as a

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** Free 2024 Post UTME CBT Practice**

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Take Free Practice Test On 2024 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Revenue is recognized in the profit and loss account as soon as a

A. debtor pays what is due from him
B. sale of goods takes place and money is received
C. sale of goods takes place whether or not money is received
D. sales of a fixed asset takes place




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