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According to ASC 605, Revenue from Contracts with Customers , when identifying a contract with customers, it should include the following components Payment terms are
According to ASC 605, Revenue from Contracts with Customers, when identifying a contract with customers, it should include the following components
Payment terms are identified | Consideration paid to customer |
- A.
Yes
Yes
- B.
No
No
- C.
No
Yes
- D.
Yes
No
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