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Somerdale Corp. received an order from a customer on November 10. It manufactured the ordered items on November 15, shipped the goods on November 17,
Somerdale Corp. received an order from a customer on November 10. It manufactured the ordered items on November 15, shipped the goods on November 17, and received payment on December 2. Under the accrual basis of accounting, Somerdale should record revenue on:
A) November 17.
B) November 10.
C) November 15.
D) December 2.
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