Which of the following statements about credit sales are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply Revenue is reported when the company is paid by the customer. Accounts receivable arise from credit sales. Accounts receivable should be reported at net realizable value. Revenue is reported when the company fulfills its promise to transfer control of a good or service to a customer. The cost of a bad debt should be recorded in the accounting period in which a business realizes that a customer will not pay the