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What is the revenue recognition principle?

As part of my business series on the blog, here is an info-graphic covering revenue recognition. As some of you know, revenue recognition has a special place in my heart as I audited revenue for a software company in the bay area.  I had to know these principles like that back of my hand. If you are hoping to run a business with investors, you may want to know some of this too. Without further adieu, the info graphic and intro by Ghergich & Co.

When it comes to plotting out your next steps as a business, there are a lot of factors that come into play. Of course, you need to understand expenses and employees and demand and customers, but you also need to figure out what to do about revenue — and by that I mean, what do you do about recognizing revenue.

There are a number of different established accounting principles that are acceptable and that can guide you in figuring out what’s best for your business. For example, you can recognize the revenue after you have completed the obligat…

Best Dollar Tree Foods


One thing before I get started - The Feedback survey is still live, and you have a chance to win an Amazon gift card! It is only a few questions and not many people have participated, so the odds are in your favor.


***Also, there is a related podcast episode, that will be linked here once it goes live, Monday at 6 pm.***


One of the best ways to find the best deals is to shop around. Dollar stores sometimes get a bad rap for having poor quality food. Sometimes that is the case (Some of the food at dollar stores is downright awful or a terrible price per pound), but not always! Here are some of my favorite finds from the Dollar Tree.

Pot stickers-

 
These aren’t the best pot stickers, but they aren’t the worst either. At $1 for 6 oz who can argue though! I highly recommend these.


Spring rolls-
Also, not the best spring rolls, but certainly worth a dollar! These get a strong recommendation from me.


Fries-
1 lb for a dollar!


Frozen fruit-
At a typical grocery store, this would cost at least twice as much!


Don’t go out of you way for these next ones, but they are still noteworthy. 

Frozen vegetables-

Eggs-

My Dollar Tree has 8 eggs for a dollar. Safeway has 6 eggs for like $2.50. Dollar Tree is a clear winner! In Utah I could by a dozen eggs for a buck though, so I guess it depends on where you live.

Pizza rolls-

Twenty pizza rolls for a buck. They make for a nice little meal. Not crazy flavorful, but good on occasion.

Treet (like spam, but not as good)-


Also, I just barely found this chicken sausage.

Looks pretty good!
https://www.youtube.com/watch?v=eFiRJ3zkcZk

Here are some items I haven’t yet found at my local Dollar Tree but I am looking for:

Ravioli for 1 buck, wow!

Pierogi, also a dollar, wow!

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