Multiple Choice
If a car is serviced on 31 May and an invoice is issued,the owner picks up the car on 31 May,the owner sends a cheque to the servicing firm on 4 June,and the firm banks the cheque on 7 June,income is recognised by the servicing firm on
A) 31 May
B) 4 June
C) 7 June
D) 5 June
Correct Answer:
Verified
Correct Answer:
Verified
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