Potter Company manufactures some imitation carrots in March. In April it receives an order from Peter Rabbit,

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Potter Company manufactures some imitation carrots in March.

In April it receives an order from Peter Rabbit, for one carrot. Potter Company delivers the carrot in May. Peter Rabbit pays the bill in June and eats the carrot in August. Potter Company would recognize revenue in , which is [before / after] the order was received and

[before / after] the cash was received.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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