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Question 13 10 pts On Nov 1, 2020, EKS2 was paid $425,000 cash for 425 hours of service to be completed within the next 9
Question 13 10 pts On Nov 1, 2020, EKS2 was paid $425,000 cash for 425 hours of service to be completed within the next 9 months. On December 31, 2020, EKS? had fulfilled 257 of the required hours. What amount will EKS2 record as revenue from this transaction, as of December 31st? O $425,000 O $257,000 None since the work is not yet complete
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