What is the current environment regarding revenue


What is the current environment regarding revenue recognition? When is revenue usually recognized? What conditions should exist for the recognition at date of sale for all or part of the revenue and income from the sale transaction? When is revenue recognized for the following:

From Selling Products?
From Rendering Services?
From Permitted Other to Use Enterprise Assets?
From Disposing of Assets Other than Products?

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Accounting Basics: What is the current environment regarding revenue
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