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    Exam 5: Accounting for Merchandising Operations
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    Sales Revenues Are Usually Considered Earned When
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Sales Revenues Are Usually Considered Earned When

Question 23

Question 23

Multiple Choice

Sales revenues are usually considered earned when


A) cash is received from credit sales.
B) an order is received.
C) goods have been transferred from the seller to the buyer.
D) adjusting entries are made.

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