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On December 1, 2020, Omega sold a security system and a one-year monitoring service contract at a total price of $1,000. The security system

On December 1, 2020, Omega sold a security system and a one-year monitoring service contract at a total price of $1,000. The security system is sold separately for $984 and the monitoring contract for $216. How much revenue does the company recognize for 2020? Multiple Choice $18.00 $835.00 $1,002.00 $1,000 www

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