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On January 15, 2021, Concord Company enters into a contract to build custom equipment for...

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Accounting

On January 15, 2021, Concord Company enters into a contract to build custom equipment for Shamrock Company. The contract specified a delivery date of March 1. The equipment was not delivered until March 31. The contract required full payment of $75,000 30 days after delivery. The revenue for this contract should be ...?

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