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Using the FASB Codification (ASC) as your source, review the standard on revenue recognition. Discuss how you would apply this standard to the income statement

Using the FASB Codification (ASC) as your source, review the standard on revenue recognition. Discuss how you would apply this standard to the income statement of your current, past, or future job and if you think these rules need any revisions. Be sure to cite your source, you can use ASC xxx-xx-xx-x.

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