Question: can someone pleases help? Presented below are three revenue recognition situations. a. Ivanhoe sells goods to DTN for $1.019,000, payment due at delivery. b. Ivanhoe

can someone pleases help?
can someone pleases help? Presented below are three revenue recognition situations. a.
Ivanhoe sells goods to DTN for $1.019,000, payment due at delivery. b.

Presented below are three revenue recognition situations. a. Ivanhoe sells goods to DTN for $1.019,000, payment due at delivery. b. Ivanhoe sells goods on account to Sunland for $729,000, payment due in 30 days. c. Ivanhoe sells goods to Pharoah for $496,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 monthis later. The present value of the future payments is $458,400. Indicate the transaction price for each of these situations and when revenue will be recognized. Presented below are three revenue recognition situations. 3. Ivanhoe sells goods to DIN for $1,019,000, payment due at delivery. b. Ivanhoe sells goods on account to Sunland for $729,000, payment due in 30 days. c. Ivanhoe sells goods to Pharoah for $496,000, payment due in two irstallments, the first installiment payable in 18 months and the second parment due 6 months later. The present value of the future payments is $458,400. Indicate the transaction price for each of these situations and when revenue will be recognized

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