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A furniture manufacturer received a customer's order of a dining set in March, 2 0 X 1 . The dining set was delivered to the
A furniture manufacturer received a customer's order of a dining set in March, X The dining set was delivered to the customer in May, X The customer paid a deposit in March when the order was placed and would make a monthly payment of $ over months beginning in May, XUnder accrualbasis accounting, the furniture manufacturer recognizes sales revenue:
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over months beginning in May, X
in March, X
in May, X
at a time that cannot be determined from the facts.
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