For export of goods with free on board (FOB) sales the sales revenue is to be recognized

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For export of goods with free on board (FOB) sales the sales revenue is to be recognized at which point of time?

(a) When goods are dispatched from the godown of seller.

(b) When goods are handed over to the travel agent of buyer.

(c) When payment is received from buyer.

(d) None of the above.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 15, 2023 11:39 PM

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For export of goods with free on board (FOB) sales the sales revenue is to be recognized

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Financial Accounting

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