Huffingtonman1770 Huffingtonman1770

18-01-2024
Business

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A firm performed services for a client in September for $100. It collected $70 in September and $30 in October. Based on this information, for the month of October, the firm should:
a) Recognize $30 in revenue
b) Recognize $70 in revenue
c) Recognize $100 in revenue
d) Recognize $0 in revenue

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