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Select the correct revenue recognition principle -Recognize revenue over the passage of time -Recognize revenue when the customer takes possession of the product -Recognize revenue

Select the correct revenue recognition principle

-Recognize revenue over the passage of time

-Recognize revenue when the customer takes possession of the product

-Recognize revenue when cash is collected

-Recognize revenue when service is performed

For each of the following

-Interest revenue

-rent revenue

-revenue from a customer's subscription magazine

-merchandise revenue

-revenue from providing carpet cleaning services

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