Explain when each of the following businesses should recognize revenues: a. A clothing retailer like American Eagle

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Explain when each of the following businesses should recognize revenues:

a. A clothing retailer like American Eagle Outfitters, Inc.

b. A contractor like Boeing Company that performs work under long-term government contracts.

c. A grocery store like Supervalu Inc.

d. A producer of television shows like MTV that syndicates its content to television stations.

e. A residential real estate developer that constructs only speculative houses and later sells these houses to buyers.

f. A banking institution like Bank of America Corp. that lends money for home mortgages.

g. A manufacturer like Harley-Davidson Inc.

h. A publisher of magazines such as Time-Warner Inc.

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