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Explain to your newest business partner when a business needs to allocate the transaction price...

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Accounting

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Explain to your newest business partner when a business needs to allocate the transaction price of sales and the difference between standalone selling prices and multi-item transaction sales. What is the product/service you are selling and how should your sales revenue be allocated?
Explain to your newest business partner when a business needs to allocate the transaction price of sales and the difference between standalone selling prices and multi-item transaction sales. What is the product/service you are selling and how should your sales revenue be allocated? Reply

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