For a newspaper subscription,subscription revenue is always credited when cash is received from the customer.

Name: For a newspaper subscription,subscription revenue is always credited when cash is received from the customer.
Brand: Quizplus
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Quizplus · Accepted Answer

Subscription revenue is recognized when the service (delivering newspapers) is provided, not necessarily when cash is received. This follows the accrual basis of accounting, where revenues are recognized when earned, regardless of when cash is received.

For a Newspaper Subscription,subscription Revenue Is Always Credited When Cash