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On December 1, 2021, Beck Inc. enters into a contract that pays the company $2,800/month for six months of continuous technical support services. In
On December 1, 2021, Beck Inc. enters into a contract that pays the company $2,800/month for six months of continuous technical support services. In addition, there is a 60% chance the contract will pay an additional $2,000 and a 40% chance the contract will pay an additional $3,000. The company estimates variable consideration as the most likely amount. In 2021, the company recognizes revenue of Multiple Choice. $2.800 53.920 $1,200 $1133
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