Sales revenues are usually considered recognized when

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Sales revenues are recognized when goods have been transferred from the seller to the buyer, also known as the point of sale. This means that ownership and risks have been transferred, and the seller has completed its obligations under the sales agreement. Cash receipt or adjusting entries may occur at a different time, but they do not affect the recognition of revenue. An order is not enough to recognize revenue, as it only represents a potential future sale.

Sales Revenues Are Usually Considered Recognized When