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1 For each of the following separate situations, determine how much revenue is recognized in December ( using accrual basis accounting ) . 0 0
For each of the following separate situations, determine how much revenue is recognized in December using accrual basis accounting
On December Oklahoma City Thunder sold a $ ticket to a basketball game to be played In March.
b Tesla sold and dellvered a $ car on December The customer will not pay until February.
c Deloitte signs a contract on December to provice days of advisory services with recelpt of $ due at the end of the contract: On December of the services have been completed.
tableSituationstableRevenue recognized inDecembera Sale of a ticket to a basketball game,b Sale of a car on credit,c Contract to provide sdvisory services,
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