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https://www.dummies.com/business/operations-management/point-of-saledelivery-revenue/
When Curry’s runner drops off the completed order and Penway accepts it, the revenue transaction is considered to be delivered and complete. Now, just to shake up the fairly simple concept of point-of-sale/delivery, some events reduce the amount of gross revenue per the customer contract for revenue …
https://courses.lumenlearning.com/boundless-accounting/chapter/revenue-recognition/
Recognition of Revenue at Point of Sale or Delivery Companies can recognize revenue at point of sale if it is also the date of delivery or if the buyer takes immediate ownership of the goods.
https://fundbox.com/blog/revenue-recognition-can-revenue-realized/
The most obvious point that revenue can be recognized is at the point of sale, when then buyer takes immediate ownership of the purchased goods. When you go to the corner market and buy a gallon of milk, the milk goes home with you and the storeowner takes the cash due.
https://www.investopedia.com/terms/r/revenuerecognition.asp
The revenue recognition principle of ASC 606 requires that revenue is recognized when the delivery of promised goods or services matches the amount expected by the company in exchange for the ...
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