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b. Emma Company collecas an advance deposit of 5700 in july toward the purchase of a $3,000 piece of equapment that is delivered to the

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b. Emma Company collecas an advance deposit of 5700 in july toward the purchase of a $3,000 piece of equapment that is delivered to the customer the following September Recognize the revenue in September Recognize the revenue in fuly. Recognite the revenue in December. Accognize the revenue in July and September. c Ashiley Corporation recelves payment in October at the time of delivery of a rebult engine for a tractor. Recognize the revenue ratably prior to October. Recognize the revenue in December. Recognize the revenue ratably until December. Recognize the reveque in October

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