A wholesale bakery would normally recognize revenue when
A) the product is available for sale to a customer.
B) cash is received from the customer.
C) goods are delivered to the customer.
D) management chooses to do so.

Question

Quizplus · Accepted Answer

Revenue is typically recognized when goods are delivered to the customer, as this is when the earnings process is complete and the customer has control of the goods.

A Wholesale Bakery Would Normally Recognize Revenue When