Nichols company has shipped goods to one of its customers fob shipping point. nichols company will recognize sales revenue when: a. their customer has received the goods. b. whenever the two partie
Nichols company has shipped goods to one of its customers fob shipping point. nichols company will recognize sales revenue when:
a. their customer has received the goods.
b. whenever the two parties agree that revenue should be recognized.
c. when the goods leave nichols’ shipping dock.
d. when the customer pays the invoice.
