Profits are recognized when goods are sold. What concept is this? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. realization B. matching C. periodicity D. going concerned Correct Answer: Option A A. realization Users Also Read These:If a share is sold at a price below its face value,…The accounting principle that states that, In the…Yinka bought goods worth N800.00 and sold at a…Goodwill is recognized in partnership accounts when?The concept which states that revenue should be…