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Colbert operates a catering service on the accrual method. In November of year 1 , Colbert received a payment of $ 9 , 0 0

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Colbert operates a catering service on the accrual method. In November of year 1, Colbert received a payment of $9,000 for 18 months of catering services to be rendered from December 1st of year 1 through May 31st of year 3. When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?
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