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Guadalupe, Inc. provided $5,000 of services In Year 1 but did not collect cash from Its customers until Year 2 Select the correct answer from

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Guadalupe, Inc. provided $5,000 of services In Year 1 but did not collect cash from Its customers until Year 2 Select the correct answer from the following options assuming Guadalupe used accrual accounting. Multiple Choice The Company will recognize $5,000 of revenue and $5.000 of cash flow from operations In Year 1. The Company will recognize $5,000 of revenue In Year 1 and $5,000 of cash flow from operations in Year 2. The Company will recognize $5,000 of cash flow from operations in Year 1 and $5,000 of revenue in Year 2 The Company will recognize zero of revenue In Year 1 and $5.000 of cash flow from operations in Year 2

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