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A customer placed an order on May 1 5 th for products to be shipped in 3 0 days. The sale is recorded on a

A customer placed an order on May

15

th for products to be shipped in

30

days. The sale is recorded on a delayed charge form when the order is received in May. The products are shipped and invoiced on June

15

,

and the customer pays for the merchandise on July

10

.

The income from the sale is reported on the Profit and Loss statement in what

/

which months?

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