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What point should rabbit recognize commission revenue

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Reference no: EM132760645

Problem 1: Bunny Company consigns a portion of its inventory to Rabbit Industries who charges a fee of 5%. At what point should Rabbit recognize commission revenue from this arrangement?

A at fiscal year-end
B upon receipt of the goods from Bunny
C upon selling the goods for Bunny
D upon receiving cash from the sale

Reference no: EM132760645

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