Examine the sequence of four events, in order, with respect to the sale of one piece of equipment by the Kamila Z Company to a customer for $100,000. These events occur over the course of almost a year. When should Kamila, the selling company, report this $100,000 sale in its accounting records? 1. Formal order is received 2. The construction of the equipment is finished 3. Equipment is shipped to the customer 4. Customer paid for the equipment two months after receiving the equipment Selected Answer: d. When the formal order was received Answers: a. When the customer paid for the equipment two months after receiving the equipment b. When the equipment is shipped to the customer c. When the construction of the equipment is finished d. When the formal order was received