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Partial Question 8 0.33/1 pts For each of the following separate scenarios, determine at what date, or over what period of time, revenue will be
Partial Question 8 0.33/1 pts For each of the following separate scenarios, determine at what date, or over what period of time, revenue will be recognized: Recognize revenue at a pointi v On January 2, 20x1, Arizona Inc. contracts with a customer to provide services in March 20x1 for $8,000. The customer paid Arizona Inc. the contract price on January 2, 20x1. Arizona Inc. performed the services on March 31, 20x1 Recognize revenue at a pointi On January 2, 20x1, the Daily Journal collected $200 cash from a customer for a one-year subscription to an electronic newspaper with daily postings Recognize revenue on Decem On December 27, 20x0, Sparky sold a machine for $200,000 and collected $80,000 cash. The remainder plus 10%. interest is payable December 31, 20x1. Sparky delivered the machine on January 2, 20x1. The customer has an excellent credit rating
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