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How much revenue can Ned Stark recognize

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Question - After moving to warmer weather, Ned Stark sold his fur coats for $2,000. One half of the sale was collected upon delivery of the coat, while the other half will be collected in the following fiscal year. How much revenue can Ned Stark recognize in the current year?

a. $500.

b. $2,000.

c. $0.

d. $1,000.

e. None of the answers are correct.

Reference no: EM133119085

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