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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, 20X1. The dining set was delivered to the customer in May, 20X1. The customer paid a 20% deposit in March when the order was placed and would make a monthly payment of $300 over 15 months beginning in May, 20X1.Under accrual-basis accounting, the furniture manufacturer recognizes sales revenue:
Group of answer choices
over 15 months beginning in May, 20X1.
in March, 20X1.
in May, 20X1.
at a time that cannot be determined from the facts.

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