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In June, customers paid $ 3 , 9 0 0 for services they received in May. How much revenue should be recognized in June under

In June, customers paid $

3, 900

for services they received in May. How much revenue should be recognized in June under accrual accounting?

Multiple choice question.

No revenues are recognized in June.

Record revenue of $

1, 950 (

half in May and half in June

) .

Record revenue of $

3, 900 .

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