Sara sells $100 worth of inventory to her client on credit on January 15. She delivers the
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Sara sells $100 worth of inventory to her client on credit on January 15. She delivers the inventory to the client on January 20. The client pays for the inventory of February 26. On what date should Sara recognize the revenue from the sale?
a. January 15
b. January 20
c. January 31
d. February 26
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d February 26 The revenue from a sale should be recognized when the ...View the full answer
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