Multiple Choice
Eugene Co.has inventory it purchased for $6,000.It sells the inventory to a customer for $10,000,including installation.Installation sold separately costs $1,000 and the inventory sold separately costs $10,000.What amount of Service Revenue is recognized by Eugene for installation once it has been completed?
A) $909.
B) $1,000.
C) $10,000.
D) $0,all the revenue is recorded as Sales Revenue since the installation was included in the contract.
Correct Answer:

Verified
Correct Answer:
Verified
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