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Note 1 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)
12 Months Ended
Jul. 26, 2014
Policies  
Revenue Recognition

Revenue recognition

 

Merchandise sales are recognized at the point of sale to the customer. Sales tax is excluded from revenue. Discounts provided to customers through ShopRite coupons and loyalty programs are recognized as a reduction of sales as the products are sold.