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An enterprise signs a contract with a customer on May 8th to perform a service and provides the service to the customer on May 15th.

An enterprise signs a contract with a customer on May 8th to perform a service and provides the service to the customer on May 15th. The customer pays the enterprise on June 1st. Under the accrual-basis accounting system, what is the appropriate day on which the enterprise should record a change on its Income Statement?

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