Question
On November 1, 2015, a customer of atta-soy corporation pays $180,000 cash to purchase a propriety soy yoghurt bacterial culture. Atta-soy will deliver a batch
On November 1, 2015, a customer of atta-soy corporation pays $180,000 cash to purchase a propriety soy yoghurt bacterial culture. Atta-soy will deliver a batch of the culture each quarter for six quarters beginning in January 2016. How much revenue related to this transaction will atta soy report for 2016? How much cash flow from operations will Atta-Soy report for 2016 related to this transaction?
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College Accounting A Practical Approach 1-15
Authors: Jeffrey Slater
4th Edition
013142050X, 978-0131420502
