If a Firm Receives an Order for Goods, it Would Not be Included in the Sales Figure Owing to the ___________.

If a firm receives an order for goods, it would not be included in the sales figure owing to the ___________. 

revenue recognition

Explanation:

If a firm receives an order for goods, it would not be included in the sales figure owing to the revenue recognition.

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NCERT Class 11 Theory Basic of Accounting-Accountancy