Identify the proper point to recognize revenue for each of the following transactions. a. Napoleon Industries sells and delivers a machine in January with terms of no payment due until six months later. ORecognize the revenue ratably over the next 12 months. ORecognize the revenue January. ORecognize the revenue ratably over the next six months. ORecognize the revenue in June.

Identify the proper point to recognize revenue for each of the following transactions. a. Napoleon Industries sells and delivers a machine in January with terms of no payment due until six months later. Recognize the revenue ratably over the next 12 months. Recognize the revenue january. Recognize the revenue ratably over the next six months. Recognize the revenue in June. Identify the proper point to recognize revenue for each of the following transactions. a. Napoleon Industries sells and delivers a machine in January with terms of no payment due until six months later. Recognize the revenue ratably over the next 12 months. Recognize the revenue january. Recognize the revenue ratably over the next six months. Recognize the revenue in June