Question: So far we have treated the cases in which 1. revenue is recognized in the same period as the associated cash receipt, and 2. revenue

So far we have treated the cases in which 1. revenue is recognized in the same period as the associated cash receipt, and 2. revenue is recognized before the associated receipt of cash.

There remains the case in which 3. revenue is recognized the associated receipt of cash. Dr. Cr. 3,000 3,000

Dr. Cr. 3,000 3,000

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