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On January 15, 2018, Bella View Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery date

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On January 15, 2018, Bella View Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery date of March 1. The equipment was not delivered until March 31. The contract required full payment of $75,000 in 30 days after delivery. When the revenue of this contract should be recorded

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