write my assignment 2361

Describe how revenue is recognized as it pertains to the realization principle.(Points : 1) Revenue is recorded on the books at the time of the transaction.Revenue is recorded on the books at the time of the transaction for long-term liability and when cash is received for short-term liability.Revenue is recorded on the books when the cash is received(D) Revenue is recorded on the books at the time of the transaction for short-term liability and when cash is received for long term-liability.

Describe how revenue is recognized as it pertains to the realization principle.(Points : 1)(A) Revenue is recorded on the books at the time of the transaction.(B) Revenue is recorded on the…