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9 of 15 < > -/1 View Policies III 123 Current Attempt in Progress Marcy Sax is a department store that allows customers to use
9 of 15 < > -/1 View Policies III 123 Current Attempt in Progress Marcy Sax is a department store that allows customers to use a Marcy Sax credit card, and pay for their purchases over time. Marcy Sax has been in business for many years, and has developed reliable techniques for estimating the uncollectability of customer accounts. Marcy Sax should recognize revenue O as payments are received. when the payment received from customers exceeds the cost of the merchandise purchased. at the time of sale. Owhen the final payment is received
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