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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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