World Soccer sells new goals to a customer for $1 million. The goals are delivered...
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Accounting
World Soccer sells new goals to a customer for $1 million. The goals are delivered immediately, but payment isnt due until two years from the purchase date. The typical credit rate for this customer because of its credit characteristics is 8%. What are the journal entries World Soccer will record over the two-year period?
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You can see the logs in the Dashboard.