Explain the differences between the installment-sales method and the cost-recovery method.

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Feb 19, 2011 03:44 AM

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Explain the differences between the installment-sales method and the cost-recovery method.

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Under the installmentsales method income recognition is deferred until the period of cash colle...View the full answer

Intermediate Accounting

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