In the retail industry, when customers pay cash at the time of sale, revenue is recognized a)

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In the retail industry, when customers pay cash at the time of sale, revenue is recognized

a) when the inventory is purchased.

b) at the time of sale.

c) when the time frame for returns has passed.

d) when the cash is deposited in the bank

Posted Date: Dec 07, 2021 09:01 PM

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In the retail industry, when customers pay cash at the time of sale, revenue is recognized a)

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