When should Omar recognize the revenue for this transaction under the accrual basis?

Assignment Question(s):(Marks 15) Question 1: (5 Marks) Sarah owns a boutique that sells women’s clothing and accessories. She keeps track of her business transactions using a journal. On March 1, Sarah invested SAR 10,000 cash in her business to start operations. Prepare the journal entry. On March 5, Sarah purchased inventory for SAR 5,000 on […]