Name three exceptions to the general rule that assumes revenue is recognized at the point of sale.

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Name three exceptions to the general rule that assumes revenue is recognized at the point of sale. What is the justification for these exceptions?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 28, 2012 05:40 AM

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Name three exceptions to the general rule that assumes revenue is recognized at the point of sale.

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There are three specific exceptions to the general rule that were discussed in the ch...View the full answer

Intermediate Accounting

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