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Home Q & A Board Other Fields Homework Help Business Accounting
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untilwexo untilwexo
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5 years ago
Able sells a piece of equipment to Smythe for $1,800 on August 1. The equipment cost $1,000. The equipment is picked up by Smythe on August 10.  The contract also includes a 12 month service plan. How many performance obligations are included in this transaction?
A) 1
B) 2
C) 3
D) 4
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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GloryGlory
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5 years ago
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untilwexo Author
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#2
5 years ago
Thank you for your assistance, again and again
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#3
5 years ago
My pleasure
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