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Question 16 Not yet answered Marked out of 1.00 P Flag question ABC Company sold $500,000 goods to XYZ company on the 1st of Jan

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Question 16 Not yet answered Marked out of 1.00 P Flag question ABC Company sold $500,000 goods to XYZ company on the 1st of Jan 2019. In exchange, XYZ company signed a 3-year note of $665,500 due on 31st of Dec 2021. based on this information, revenues to be recognized in 2020 is Select one: O a $50,000 O b. $60,500 O c. $165,500 d. $55,000

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