Service revenue is recognized either at one point in time or over extended periods. Explain the rationale

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Service revenue is recognized either at one point in time or over extended periods. Explain the rationale for recognizing revenue using these two approaches.

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jun 24, 2013 07:24 AM

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We recognize service revenue either at one point in time or over a period of time. Explain the rationale for recognizing service revenue using these two approaches.
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Service revenue is recognized either at one point in time or over extended periods. Explain the rationale

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For service revenue if there is one final service that is critical to the earnings process ...View the full answer

Intermediate Accounting

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