Chapter 17, Problem 17.20P

To determine

Concept introduction:

Revenues: The current financial resources measurement focus says that revenues are recognized when they become measurable and available to finance expenditures of the fiscal period. For-profit entities measure revenue on an accrual basis, but in governmental entities, the current financial resources measurement focus states that the timing of the revenue related inflows must be evaluated, and the revenue should be collectible within the current period.

The category for given independent revenue transactions