Accounting
Textbooks
Boundless Accounting
Detailed Review of the Income Statement
Revenue Recognition
Accounting Textbooks Boundless Accounting Detailed Review of the Income Statement Revenue Recognition
Accounting Textbooks Boundless Accounting Detailed Review of the Income Statement
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 5
Created by Boundless

Recognition of Revenue Prior to Delivery

Goods in Inventory

Goods in Inventory

Depending on the shipping terms of the sale, a seller may not recognize revenue on goods sold that are pending delivery.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "20111020-FNS-LSC-0063 | Flickr - Photo Sharing!."
    http://www.flickr.com/photos/usdagov/6629278631/ Flickr CC BY.

Related Terms

  • accrual
  • conservatism
  • Subjects
    • Accounting
    • Algebra
    • Art History
    • Biology
    • Business
    • Calculus
    • Chemistry
    • Communications
    • Economics
    • Finance
    • Management
    • Marketing
    • Microbiology
    • Physics
    • Physiology
    • Political Science
    • Psychology
    • Sociology
    • Statistics
    • U.S. History
    • World History
    • Writing

    Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.