Q 10 Under which concept if advance is received against sale of goods, the advance received is recorded as - Accountancy - Theory Base of Accounting

Question

Q 10 Under which concept if advance is received against sale of
goods, the advance received is recorded as 'Advance against Sale'
and not Sales?

Mehak Garg · Accepted Answer

Q.10. Under which concept if advance is received against sale of goods, the advance received is recorded as 'Advance against Sale' and not Sales?