A company entered into a 2-month contract for $50,000 on April 1. It earned $25,000 of the contract services in April and billed the customer. The company should recognize the revenue when it receives the customer's check.
Answer the following statement true (T) or false (F)
False
Business
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
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