Conceptually, what kind of account is the Deferred Gross Margin account that arises under the installment method

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Conceptually, what kind of account is the Deferred Gross Margin account that arises under the installment method of accounting? How is this account typically classified on balance sheets?

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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Question Posted: Dec 07, 2011 05:20 AM

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Conceptually, what kind of account is the Deferred Gross Margin account that arises under the installment method

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Financial Accounting an introduction to concepts, methods and uses

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