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Business, 25.02.2021 18:50 capybaracaptin2895
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 earned:
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A flower shop makes a large sale for $1,000 on November 30. The customer is sent a statement on Dece...
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