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9.1 Delayed Revenue Recognition. Software companies often bundle upgrades and technical support services with their software. Assume that a software company promises to automatically deliver
9.1 Delayed Revenue Recognition. Software companies often bundle upgrades and technical support services with their software. Assume that a software company promises to automatically deliver upgrades for two years when a customer purchases software costing $100. Describe how the software company should determine the amount of revenue to recognize at the date of sale and subsequent to the date of sale.
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