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Question 5 4 pts A flower shop makes a large sale for $1,200 on November 30. The customer is sent a statement on December 5
Question 5 4 pts A flower shop makes a large sale for $1,200 on November 30. The customer is sent a statement on December 5 and a check is received on December 10. The flower shop follows GAAP and applies the revenue recognition principle. When is the $1,200 considered to be recognized? December 5 November 30 December 10 December 1
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