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When a company sells a product for cash, it generally recognizes the revenue. However, there are situations when it is not always clear when a

When a company sells a product for cash, it generally recognizes the revenue. However, there are situations when it is not always clear when a company should recognize the revenue.

How do you handle a car dealership that sells a warranty contract to its customers for $650 that will cover the next 5 years?

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