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Question content area top Part 1 Complete Electronics Inc. sells a pointminusofminussale computer with a twominusyear service contract. Complete collects $ 2 comma 0 0

Question content area top

Part

1

Complete Electronics Inc. sells a pointminusofminussale computer with a twominusyear service contract. Complete collects $

2

comma

000

cash for the selling price of the computer and $

576

for the twominusyear service contract. How is revenue

recognized?

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