The realization concept envisages ........

General Accounting Principles Concepts of Accounting

The realization concept envisages :

Analytical records of past transactions and future predictions

Sales that are likely to occur

Sales that have been made on a legal obligation by the customer to pay for them or for which money has

been received

None of the above

Sales that have been made on a legal obligation by the customer to pay for them or for which money has

been received

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