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On March 1 of 2019, Tiffany received $9000 payment for full payment on a three year service contract under the contract Tiffany is obliged to
On March 1 of 2019, Tiffany received $9000 payment for full payment on a three year service contract under the contract Tiffany is obliged to provide advisory services for the next three years what amount of income will Stephanie recognize in 2020 if she uses the accrual method of accounting?
a. none correct
b. $3,000
c. $9,000
d. $0
e. $6,500
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