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Business, 28.02.2020 21:16 tydariousgamer

Please also provide step by step explanation/ working thank you Live Wire Hot Rod Shop follows the revenue recognition principle. Live Wire services a car on July 31. The customer picks up the vehicle on August 1 and mails the payment to Live Wire on August 5. Live Wire receives the check in the mail on August 6. When should Live Wire recognize that the revenue? a. August 1 b. July 31 c. August 5 d. August 6

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Please also provide step by step explanation/ working thank you Live Wire Hot Rod Shop follows the r...
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