a. Napoleon Industries sells and delivers a machine in January with terms of no payment...
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a Napoleon Industries sells and delivers a machine in January with terms of no payment due until six months later. Recognize the revenue ratably over the next months. Recognize the revenue January. Recognize the revenue ratably over the next six months. Recognize the revenue in June.
a Napoleon Industries sells and delivers a machine in January with terms of no payment due until six months later.
Recognize the revenue ratably over the next months.
Recognize the revenue January.
Recognize the revenue ratably over the next six months.
Recognize the revenue in June.
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