For each of the following separate situations, determine how much revenue is recognized in December...
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Accounting
For each of the following separate situations, determine how much revenue is recognized in December fusing accrual basis: accounting) a. On December 7, Oxlahoma City Thunder sold a $110 ticket to a basketball game to be played in March. b. Tesia sold and delivered a $78,000 car on December 25 . The customer will not pay until February. c. Deloitte signs a contract on December 1 to provide 40 days of advisory services with receipt of $30.000 due at the end of the contract. On December 31,75% of the services have been completed
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