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if a company that sells 3 0 million in merchandise every year estimates that about 1 million in merchandise will be returned for refund how

if a company that sells 30 million in merchandise every year estimates that about 1 million in merchandise will be returned for refund how should this revenue be recognized and reported ?

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When a company estimates that a portion of its merchandise sales will be returned for a refund it should follow the Generally Accepted Accounting Prin... blur-text-image

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