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Business, 07.08.2019 01:20 mmaglaya1

Consider the following three scenarios: i. abc lawncare performed lawn maintenance services for drake inc. on june 1st , and received payment of $500 for those services. ii. on june 1st, melly corp received payment for 100 pounds of raw material to be delivered to drake inc. in 6 months .iii. lodo, llc collected cash on june 1st for services rendered on may 1st. given these scenarios, revenue can not be recognized on june 1st for: a. i, iib. i onlyc. ii, iii onlyd. iii only

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