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Which is true of transaction that involve after sale service

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Reference no: EM132702875

Problem 1: Which of the following is TRUE of a transaction that involves after sales service? It:

a. means that the revenue is spread over the service period

b. is no longer regarded as revenue

c. is always a debit transaction in the books

d. is always a credit transaction in the ledger accounts

Reference no: EM132702875

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