Multiple Choice
On January 1,2015,a customer places an order for a new vehicle built especially for the customer.The contract price is $22,000.The vehicle is delivered to the dealer and customer on April 1,2015.What amount of revenue does the dealer record on January 1,2015 and April 1,2015?
A) $22,000; $0
B) $11,000; $11,000
C) $7,333; $7,333
D) $0; $22,000
Correct Answer:
Verified
Correct Answer:
Verified
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