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Business, 25.03.2020 00:13 jessejames48

Colbert operates a catering service on the accrual method. In November of year 1 Colbert received a payment of $9,000 for 18 months of catering services to be rendered from December 1st of year 1 through May 31st of year 3. When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?

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Colbert operates a catering service on the accrual method. In November of year 1 Colbert received a...

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