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chandise 20. It is proper to recognize revenue prior to the sale of mer when I. The revenue will be reported as an installment sale.

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chandise 20. It is proper to recognize revenue prior to the sale of mer when I. The revenue will be reported as an installment sale. II. The revenue will be reported under the cost-recovery method. a. I only. b. II only c. Both I and II. d. Neither I nor

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