Multiple Choice
Somerdale Corp.received an order from a customer on November 10.It manufactured the ordered items on November 15,shipped the goods on November 17,and received payment on December 2.Under the accrual basis of accounting,Somerdale should record revenue on:
A) November 10.
B) November 15.
C) November 17.
D) December 2.
Correct Answer:
Verified
Correct Answer:
Verified
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