‘Revenue ought to be recognised only when the legal title to goods and services moves from the seller to the buyer.’ Which accounting principle is being described by this statement?
- Agoing concern
- Bmatching
- Cmoney measurement
- Drealisation
Accounting 0452 · IGCSE · Accounting principles
‘Revenue ought to be recognised only when the legal title to goods and services moves from the seller to the buyer.’ Which accounting principle is being described by this statement?