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Revenue Recognition and Sales Allowances Target Corporation reported the following on its income statement. The revenue recognition note from the 1 0 - K for
Revenue Recognition and Sales Allowances
Target Corporation reported the following on its income statement.
The revenue recognition note from the K for current fiscal year includes the following.
We record almost all retail store revenues at the point of sale.
Digital channel sales include shipping revenue and are recorded upon delivery to the guest or upon guest pickup at the store.
Total revenues do not include sales tax because we are a passthrough conduit for collecting and remitting sales taxes.
prior.
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