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Question 5 5 pts A local interior designer business has contracted to have two wheelchair ramps built by DAS Manufacturing for a total of $370,000.

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Question 5 5 pts A local interior designer business has contracted to have two wheelchair ramps built by DAS Manufacturing for a total of $370,000. The contract specifies that payment will only occur after both ranmps have been transferred to the designer company. DAS determines that the standalone prices are $200,000 for Product 1 and $170,000 for Product 2. On August 1, when Product 1 has been transferred, Taylor's journal entry to record this event includes a a. debit to Accounts Receivable for $200,000. O d. debit to Contract Assets for $200,000. O c. debit to Contract Assets for $170,000. Ob.debit to Accounts Receivable for $170,000. Question 6 5 pts

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