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A company recognizes revenue in its income statement only when: point The company has earned the right to receive payment. When title of the product

  1. A company recognizes revenue in its income statement only when: point
    1. The company has earned the right to receive payment.
    2. When title of the product or service is transferred to the customer.
    3. When the company has satisfied its performance obligations.
    4. None of the above.

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