The Realization Principle states that revenue should be recognized (recorded) when it is realized or earned, and when it can be reasonably measured or reliably determined. In the context of a point of sale, revenue is considered realized when a company has completed the delivery of goods or services to the customer, and the customer has accepted those goods or services. This typically occurs at the point of sale when ownership transfers to the customer, and the seller has fulfilled its obligations.
With which of the following was Sir Richard Strachey Commission related?
Consider the following statements regarding Jal Jeevan Mission.
1. It aims to provide piped drinking water to all rural households by 2024,
...Union Minister of Education launched a free mobile app called ______ , on 5 September 2020.
With reference to the ‘Samudrayaan Mission’, consider the following statements:
Which of the statements given above is/are correct?
Which of the following statement is true in regard of Flight Lieutenant Bhawana Kanth?
1. Bhawana Kanth is the first woman fighter pilot to take ...
In 1680, _________, son of Shivaji, ascended the throne after winning the war of succession against his brother Rajaram.
Which machine is used to accelerate charged particles or ions in high energy?
Who has been conferred with the Rajiv Gandhi Khel Ratna Award for the year 2018?
What was the distance (around in km) covered by the first-ever train between Bombay and Thane in 1853?
Which artists have won the Sangeet Natak Akademi Award for contribution to Chhau dance of Seraikella?
