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Assume the company had sold $ 1 0 , 0 0 0 worth of goods to a customer EXCY Inc on May 3 1 .
Assume the company had sold $ worth of goods to a customer EXCY Inc on May They were billed for the sale on June The customer did not pay the until until July Under accrual method of accounting, in which month will the company report the sale of $
May
June
July
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Contemporary Auditing
Authors: Michael C. Knapp
11th edition
1305970810, 9781337514811, 1337514810, 978-1305970816
