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Roller Company enters into a contract with Myers Company to purchase a new machine. Myers agrees to sell the machine for $125,000. What is one
Roller Company enters into a contract with Myers Company to purchase a new machine. Myers agrees to sell the machine for $125,000. What is one major difference that occurs between Roller and Myers when the contract is agreed upon and when revenue is recognized?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
