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Is it appropriate for Core); to recognize revenue associated with Transaction 1 before the date on which CableCo takes delivery of the 1,000 feet of
Is it appropriate for Core); to recognize revenue associated with Transaction 1 before the date on which CableCo takes delivery of the 1,000 feet of 18 AWG coaxial cable'El Is it appropriate to recognize revenue upon transfer of the inventory to the carrier in Transaction 2? ABC 606, Revenue From Contracts With Customers, provides ve steps to recognizing revenue; step 5 requires an entity to \"recognize revenue when (or as) the entity satises a performance obligation.\" Describe in general the key principles of this step ( and any applicable implementation guidance) that would be relevant to determining how to recognize revenue for the transactions described in this case
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