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  3. single choice 3) a sales transaction is agreed wit

Single choice 3) A sales transaction is agreed with a value of CU1,000. Historic evidence...

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Accounting

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Single choice 3) A sales transaction is agreed with a value of CU1,000. Historic evidence indicates that there is a 5% credit risk of default. How much revenue should the seller initially recognize in their financial statements? O Cannot be determined O CUO O CU950 O CU1,000

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