Question: On September 1 , 2 0 2 2 , Eve s Fantastic Tutoring received $ 1 5 0 from a student for 1 0 -

On September 1,2022, Eves Fantastic Tutoring received $150 from a student for 10-Hour Discounted Tutoring Package. The student who had purchased 10-Hour Tutoring Package used a 5-hour tutoring service on September 30,2022.
GAAP requires the service revenue to be recognized by the company on September 30,2022.
True
False

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