Revenue Recognition Before Delivery

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When Should a Company Recognize Revenues on Its Books?

    https://www.investopedia.com/ask/answers/06/recognizingrevenues.asp
    Mar 16, 2020 · Revenues earned from a company's operations must be recorded in the general ledger, then reported on an income statement every reporting period. According to …

Revenue Recognition Definition - Investopedia

    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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