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11/23/20

[Answer] .A flower shop makes a large sale for $1 200 on November 30. The customer is sent a statement on December 5 and a check is received on December 10. The flower shop follows GAAP and applies the revenue recognition principle. When is the $1 200 considered to be recognized?

Answer: Mon Nov 30 2020 00:00:00 GMT+0530 (IST)




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.A flower shop makes a large sale for $1 200 on November 30. The customer is sent a statement on December 5 and a check is received on December 10. The flower shop follows GAAP and applies the revenue recognition principle. When is the $1 200 considered to be recognized? A flower shop makes a large sale for $1 200 on November 30 . The customer is sent a statement on December 5 and a check is received on December 10 . The flower shop follows GAAP and applies the revenue recognition principle . When is the $1 200 considered to be recognized ? A flower shop makes a large sale for $1 000 on November 30 . The customer is sent a statement on December 5 and a check is received on December 10 . The flower shop follows GAAP and applies the revenue recognition principle . When is the $1 000 considered to be recognized ? a. Mon Nov 30 2020 b. Sat Dec 05 2020 c. Thu Dec 10 2020 d. Tue Dec 01 2020 A flower shop makes a large sale for $1 000 on November 30 . The customer is sent a statement on December 5 and a check is received on December 10 . The flower shop follows GAAP and applies the revenue recognition principle . When is the $1 000 considered to be recognized ? Question 5 4 pts A flower shop makes a large sale for $1 200 on November 30 . The customer is sent a statement on December 5 and a check is received on December 10 . The flower shop follows GAAP and applies the revenue recognition principle . When is the $1 200 considered to be recognized ? December 5 November 30 December 10 December 1 Question Wed ...

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