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32 1 pts Under accrual accounting, when should a shipping company recognize revenue from its delivery service? on the date the customer's payment is received

32 1 pts Under accrual accounting, when should a shipping company recognize revenue from its delivery service? on the date the customer's payment is received on the date the customer's packages are delivered Oon the date the invoice is mailed to the customer on the date the customer places an order On December 31, Year 1, a company signed a one-year contract to provide services to a particular customer for $12,000. The customer will pay for the services during January Year 2. Using accrual accounting, when should the company recognize revenue relating to the contract? on December 31, Year 1, when the contract is signed Oin January Year 2, when the cash is received on December 31, Year 2, after all services have been provided O throughout Year 2, as the revenue is earnedimage text in transcribedimage text in transcribed

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