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Cash for merchandise to be delivered in 2009 is received in 2008. Using the accrual basis of accounting, the revenue should appear on: A) The

Cash for merchandise to be delivered in 2009 is received in 2008. Using the accrual basis of accounting, the revenue should appear on:

A) The 2009 income statement

B) The 2008 income statement

C) Neither the 2008 nor the 2009 income statement

D) Both the 2008 and 2009 income statements

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