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A customer purchased a chair on November 10 on account from a furntiture store. The chair was delivered two weeks later. The customer paid for
A customer purchased a chair on November 10 on account from a furntiture store. The chair was delivered two weeks later. The customer paid for the chair on December 5. When should the furniture store record the revenue for this transaction according to the revenue recognition principle? Multiple Choice Evenly in each of the two months. December November One-third in November and two-thirds in December
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