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When a vendor is exposed to continued risks of ownership because of potential return of the product, which of the following accounting procedures should NOT
When a vendor is exposed to continued risks of ownership because of potential return of the product, which of the following accounting procedures should NOT be used? O Recording the sale, but ignoring future returns. O Recording the sale, and accounting for returns as they occur in future periods. O Not recording the sale until all return privileges have expired. O Recording the sale, but reducing revenue by an estimate of future returns
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