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Melon Corporation sells merchandise on credit to customers who promise to pay in 30 days. When should Melon recognize revenue from the sale? When the

Melon Corporation sells merchandise on credit to customers who promise to pay in 30 days. When should Melon recognize revenue from the sale?

When the sale is completed and the customer has control of the merchandise

When Melon collects cash from the customer

When Melon bills the customer

After 30 days

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