Question: On January 1 5 , 2 0 2 4 , Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company.

On January 15,2024, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delvery date of March 1. The equipment was not delivered until March 31. The contract required full payment of $75,000,30 days after delivery. The revenue for this contract should be
a. recorded on January 15,2024.
b. recorded on March 1,2024.
c. recorded on March 31,2024.
d. recorded on April 30,2024.
On January 1 5 , 2 0 2 4 , Bella Vista Company

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