Jose sells $500 worth of merchandise to a client on June 1. He delivers the product and

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Jose sells $500 worth of merchandise to a client on June 1. He delivers the product and invoices the customer on June 10. The customer pays Jose on July 9. What is Jose’s revenue for June and July, respectively, under the cash and accrual methods of accounting?

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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